Do I Need to File Form 1065 Return if the LLC Lost Money?

Everyone wants to know, "do I file a tax return if I lost money or made no revenue?"

People are quick to launch an LLC thinking it's going to be generating millions in revenue their first year. Normally, it doesn't happen that way. Often the company never gets started.

So if you formed a partnership LLC with little to no activity, do you still need a partnership return? We answer those questions in this video.

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