Question

zero income

Forum|Forum|4 years ago
June 17, 2021
2 replies
0 views

hello,I have a company with zero income.what should i do?

Not A Product Question

Employee

What type of company?

If you have a corporation (C or S), you have to file an income tax return (1120 or 1120-S) regardless of whether or not your corporation has any income.

A

Anonymous_

Employee

@Gevkeep wrote:

...I have a company with zero income.what should i do?

Also note, if you have something like a sole proprietorship, you might still have expenses which would result in a net loss for the business (which could be useful in terms of offsetting other income).