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Posted by Kreig Mitchell on February 25, 2007, 5:00 am
Please log in for more thread options gg.5.fissionh...@xoxy.net wrote:
> Last year I formed a LLC and got a EIN. It is, for tax
> purposes, a sole proprietorship. No business occurred in
> 2006. Well, I started a bank account, but I haven't
> made/spent any money or claimed any deductions.
>
> Do I need to list the business anywhere on my taxes? I've
> read the irs faq (http://www.irs.gov/faqs/faq-kw125.html)
> but it doesn't seem to address my question. So, do I need
> to list the business name/EIN/ acct. info anywhere on my
> taxes, and do I need to fill out a 1040C or 1040CEZ?
No, you do not have to list the entity on your tax return;
however, you may want to think about your
organizational/start up expenses.
Kreig Mitchell
http://www.irstaxtrouble.com http://www.irstaxtrouble.com/blog.htm
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