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-   -   No earned income (https://www.askmehelpdesk.com/showthread.php?t=334878)

  • Mar 28, 2009, 07:42 AM
    lynnleblanc
    No earned income
    Do I need a separate return for my s corp if I didn't earn any income in that business last year?
  • Mar 28, 2009, 07:00 PM
    IntlTax

    Generally, yes. However, if the S corporation has never had any income, you might be able to argue that you have not yet really started up the company.
  • Mar 28, 2009, 07:43 PM
    MukatA

    A corporation must file tax return. You may even owe the minimum franchise tax.

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