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I am starting a business and i incorporated wanting to do

Customer Question
things correctly. I do...
i am starting a business and i incorporated wanting to do things correctly. I do not even have my product or packaging finished yet and its the end of the year so my question is is there form i need to file with the IRS since i have done nothing with my business dont have a finished product and have not generated any income
Submitted: 1 year ago.Category: Tax
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12/1/2015
Tax Professional: Barbara, Enrolled Agent replied 1 year ago
Barbara
Barbara, Enrolled Agent
Category: Tax
Satisfied Customers: 4,041
Experience: 20+ years of experience in tax preparation; 30+ years of experience as a real estate/corporate paralegal.
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Welcome to Just Answer. My name is ***** ***** I will be happy to assist you today.

If you have already incorporated (whether C corporation or S corporation), you will need to file the appropriate tax return even if it contains all zeroes.

http://smallbusiness.chron.com/corporation-file-federal-income-tax-return-sales-66457.html

https://www.irs.gov/Help-&-Resources/Tools-&-FAQs/FAQs-for-Individuals/Frequently-Asked-Tax-Questions-&-Answers/Small-Business,-Self-Employed,-Other-Business/Entities/Entities-4

Please let me know if you require further information or clarification.

Thank you and best regards,

Barb

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Tax Professional: Barbara, Enrolled Agent replied 1 year ago

Just following up with you to see if you have any other questions. If so, please come back to me here at your convenience, and I will be happy to assist you. If not, please take a moment to rate my answer since that is the only way I receive credit for answering you and alerts Just Answer to compensate me for a portion of the fee you previously paid.

Best regards,

Barb

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Barbara
Barbara
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Experience: 20+ years of experience in tax preparation; 30+ years of experience as a real estate/corporate paralegal.

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