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February 22, 2025
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How to report a closed LLC

  • February 22, 2025
  • 1 reply
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I closed my llc in 7/2024.  I had no income from the business for several years minimal expenses and no inventory.  I do have an EIN, how to I file a final reporting for the llc?  I have always just included the return as a schedule c in along with my personal taxes.  I cannot find a box on Schedule C for final reporting.

Best answer by AmyC

The schedule C does not have a final reporting since it is not incorporated, just part of your return. They come and go as people have ups and downs in  life. As long as you are not depreciating anything, you can just delete the form. If you have any assets, you can convert them to personal use.

1 reply

AmyC
AmyCAnswer
Employee
February 22, 2025

The schedule C does not have a final reporting since it is not incorporated, just part of your return. They come and go as people have ups and downs in  life. As long as you are not depreciating anything, you can just delete the form. If you have any assets, you can convert them to personal use.

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