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Do I have to fiule a corporate tax return, even if we are a…

Do I have to...

Do I have to fiule a corporate tax return, even if we are a "loss" corporation?

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We have been a loss corporation since inception three years ago. Do we have a federal filing requirement?

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3/21/2018
Tax.appeal.168
Tax.appeal.168, Tax Accountant
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If you have not officially dissolved the corporation, you are required to file a tax return, even if you have no income to report or you are operating at a loss. If you have not been filing, you will likely be looking at some penalties for failure to file as well. Is your business an S or a C Corporation?

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Tax.appeal.168
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Customer reply replied 1 month ago
We are a C Corporation. We will have a loss each year. I will file the federal tax returns. The penalties are calculated based on tax liability. We have no tax liability. Does this help?
Customer reply replied 1 month ago
No

Thank you for the 5 star rating. I do appreciate it.

Even though you will have a loss each year as long as you are an active corporation you will need to file a tax return. You are correct regarding the penalties.

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