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August 12, 2024
Question

llc with no income

  • August 12, 2024
  • 1 reply
  • 0 views

we have formed an OK llc for the purpose of purchasing some recreational property. there is no income .

what are our filing requirements 

 

Thanks in advance 

any information is greatly appreciated

WRN 

1 reply

M-MTax
August 12, 2024

If you've got a multi member LLC with no income and no expenses you don't have to file a 1065 tax return.

M-MTax
August 12, 2024

You're treated by default as a domestic partnership