It's recommended that single-member LLCs with no income still file Form 1040 Schedule C, Profit or Loss from Business to report business deductions and credits to the IRS.

It's recommended that single-member LLCs with no income still file Form 1040 Schedule C, Profit or Loss from Business to report business deductions and credits to the IRS.

It's recommended that single-member LLCs with no income still file Form 1040 Schedule C, Profit or Loss from Business to report business deductions and credits to the IRS.

It's recommended that single-member LLCs with no income still file Form 1040 Schedule C, Profit or Loss from Business to report business deductions and credits to the IRS.

It's recommended that single-member LLCs with no income still file Form 1040 Schedule C, Profit or Loss from Business to report business deductions and credits to the IRS.

It's recommended that single-member LLCs with no income still file Form 1040 Schedule C, Profit or Loss from Business to report business deductions and credits to the IRS.

MK photograp55 // Shutterstock How to file taxes for an LLC with no income Sometimes a limited liability company, or LLC, has a year with no business activity. For example, a newly formed LLC ...

But Schedule E is only applicable to individual taxpayers, not people who are in the business of renting property (those taxpayers must instead file Schedule C — more on this below).

MK photograp55 // Shutterstock How to file taxes for an LLC with no income Sometimes a limited liability company, or LLC, has a year with no business activity. For example, a newly formed LLC ...