Great info but what form do you use if you have LLC with 2 members you have bills but the business didn't make any income yet. What do you file with IRS?
1. Look at your EIN Confirmation Letter. It should say the type of return and the due date. If you’re a 2 member LLC that hasn’t elected S Corporation taxation, your partnership return (1065) is due March 15, 2023. You have a requirement to file even if you made a loss
![Business Tax Deductions that 90% of Taxpayers Miss! [Must Watch]](http://i.ytimg.com/vi/DWe3loC4jRQ/mqdefault.jpg)
![Business Tax Deductions that 90% of Taxpayers Miss! [Must Watch]](/img/tr.png)
This is exactly what I needed, I am struggling with taxes since this is my first business. Thank you again sir
Excellent Video! Keep them coming!
Very helpful, thank you
Great info but what form do you use if you have LLC with 2 members you have bills but the business didn't make any income yet. What do you file with IRS?
1. Look at your EIN Confirmation Letter. It should say the type of return and the due date. If you’re a 2 member LLC that hasn’t elected S Corporation taxation, your partnership return (1065) is due March 15, 2023. You have a requirement to file even if you made a loss
@@chozenson Thank you
This is the only channel I turned on notifications 🎉