S-Corp Zero Activity - Ask TaxGuru

Reply

#1 (permalink)

Old

09-21-2008, 07:33 PM

BBilotta is offline

Junior Member

Join Date: Sep 2008

Posts: 1

S-Corp Zero Activity

Guru,

I'm told (by a fairly accomplished CPA) that my S Corps dont have to file a return if they had no activity. Do you agree? And what would I then include a $0.00 K1 on my personal return?

Reply With Quote

#2 (permalink)

Old

09-22-2008, 05:26 PM

TaxGuru is offline

Tax Guru

Join Date: Jan 2007

Location: New Jersey, USA

Posts: 1,671

Blog Entries: 3

Please refer to the following link for your specific answer.

Is a Corporation required to a file a tax return even though it had no income?

__________________
Find a CPA near you!

Ask TaxGuru Please refer to the legal disclaimer.

Reply With Quote

Ads

Reply

« What can possibly trigger an IRS revocation of my S Corporation Status? | S-corp capital gains »

Thread Tools
Show Printable Version Email this Page
Display Modes
Linear Mode Switch to Hybrid Mode Switch to Threaded Mode

Posting Rules
You may not post new threads You may not post replies You may not post attachments You may not edit your posts vB code is On Smilies are On [IMG] code is On HTML code is Off Trackbacks are Off Pingbacks are Off Refbacks are Off

Similar Threads
Thread	Thread Starter	Forum	Replies	Last Post
How does one convert from C Corp to S Corp?	Leah	S-Corporation	1	01-23-2007 12:33 AM

» Categories

Individual

» Estimated Taxes

» Capital Gains

» Itemized Deductions

» Rental Real-Estate

» Alternative Minimum Tax

» Filing Requirements

» Sole-Proprietorship

» Auto Expenses

» Social Security

» Depreciation

» Divorce Tax Issues

» Homeowner Tax

Corporations

» C-Corporation

» S-Corporation

» Limited Liability Company

» Multistate Tax Issues

» Non-Profit Organisation

» Trusts and Gift Tax Returns

Financial Planning

» Estate Planning

» Retirement Planning

» Investment Strategy

» Education Planning

» Life Insurance

» Tax Calendar

» Tax Calculators

» Tax Resources

» Latest Tax Tips
Most Businesses May Take Advantage Of Expanded Loss...
Seven Facts about the Nonbusiness Energy Property Credit
What Are Some Of Highlights of the 2009 Tax Law Changes?
What records does an Employer need to maintain to comply...
New Form Aids Processing of Mortgage Applications and...

» Recent Tax Q&A
Filing to receive overpayment of past income tax...
retained earnings
Filing a Non-Profit or a For-Profit Federal Tax...
Withholding on Lottery Income
How long Do I have to file?
amendments
How to fill out Self Employed Taxes?
Operate part time LLC and receive unemployment?
Partnership LLC startup costs, no revenue yet
Contractor Default on Unsecured Loan for Land

» Free Downloads

Latest Files

Latest Files

EzWagez Payroll System
TurboCASH
AlauxSoft Accounts and Budget
Gas Mileage MPG Tracker
Integrated Business Decisions