codeblue123
Level 3

Partnership has less than $100 in expenses & no income, is it required to file a 1065 tax return?  Per IRS instructions: A domestic partnership must file an information return, unless it neither receives gross income nor pays or incurs any amount treated as a deduction or credit for federal tax purposes.  Can they just not deduct those expenses and not be required to file a tax return?

0 Cheers