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February 24, 2021
Question

If you have a business in another state that did not receive any income are you still required to report or file with that state for example Florida?

  • February 24, 2021
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February 24, 2021

Yes, if the business is organized ("exists") in Florida, you must file a return. You probably won't owe any tax, but filing a return is the only way FL knows you didn't make any money.

 

From the FL Department of Revenue website:

 

Who Must File:

  • All corporations (including tax-exempt organizations) doing business, earning income, or existing in Florida.
  • Every bank and savings association doing business, earning income, or existing in Florida.
  • All associations or artificial entities doing business, earning income, or existing in Florida.
  • Foreign (out-of-state) corporations that are partners or members in a Florida partnership or joint venture. A "Florida partnership" is a partnership doing business, earning income, or existing in Florida.
  • A limited liability company (LLC) classified as a corporation for Florida and federal income tax purposes is subject to the Florida Income Tax Code and must file a Florida corporate income/franchise tax return.
  • An LLC classified as a partnership for Florida and federal income tax purposes must file a Florida Partnership Information Return (Form F-1065 PDF Icon) if one or more of its owners is a corporation. In addition, the corporate owner of an LLC classified as a partnership for Florida and federal income tax purposes must file a Florida corporate income/franchise tax return.
  • A single member LLC disregarded for federal and Florida income tax purposes is not required to file a separate Florida corporate income tax return. The income must be reported on the owner’s return if the single member LLC is owned, directly or indirectly, by a corporation. The corporation must file a Florida corporate income/franchise tax return, reporting its own income and the income of the single member LLC, even if the only activity of the corporation is ownership of the single member LLC.
  • Homeowner and condominium associations that file the U.S. Corporation Income Tax Return (Federal Form 1120) must file Florida CorporateIncome/Franchise Tax Return (Form F-1120 PDF Icon) or the Florida Corporate Short Form Income Tax Return (Form F-1120A) regardless of whether any tax may be due. If you file the U.S. Income Tax Return for Homeowners Associations (Federal Form 1120-H), you are not required to file a Florida return.
  • Political organizations that file Federal Form 1120-POL.
  • S corporations that pay federal income tax on Line 22c of Federal Form 1120S.
  • Tax-exempt organizations that have "unrelated trade or business income" for federal income tax purposes are subject to Florida corporate income tax and must file either Form F-1120 PDF Icon or Form F-1120A.