codeblue123
Level 3
02-01-2022
02:26 PM
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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?
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