Los Angeles, CA asked in Tax Law and Business Law for California

Q: I have a small business that has zero profits and zero losses and zero activity. Do I need to file a tax return?

I created the company in 2010 but have literally not done anything with it as it was intentionally supposed to be a side business. I haven't earned any profits, incurred losses, or done any activity with the business. Based on advice from H&R block, I filed my past tax returns for this company for 2010 to 2014 tax returns. I have yet to file one for the years after 2014. I am the only member of the company. My question is if I intend to dissolve it this year do I need to file any past and current tax returns and pay the filing fees given that there's zero profits, zero losses, and zero activity?

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1 Lawyer Answer
  • Tax Law Lawyer
  • Los Angeles, CA
  • Licensed in California

A: You dissolve a business when it is not a sole proprietorship. See


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