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Thanks for the answer. When I formed the LLC I was told it's not required to file tax returns for LLC since it's a flow through entity. Apparently this is not correct.
I wanted to avoid forming an LLC just for this reason - need to file tax returns.
For this year, if I don't have any activity in the LLC, do I still need to file a tax return?
My broker has no problems transferring the stocks in our joint account to the LLC account.