LLC Tax Question

[AndrewNC]

The first week of December 2011 I formed an LLC with myself being the sole member and I put the "end of year date" as December 31st. In 2011 I did not make any money and from my research so far, it appears I have to file my tax return even though I did not turn a profit.

I went to the IRS website ( Which Forms Must I File? ), and the following looks as if it applies to me:

"Only member of LLC is an individual - LLC income and expenses are reported on Form 1040, Schedule C, E, or F. If you prefer to file as a corporation, Form 8832 must be submitted."

So from what I gather, I have to file Form 1040 ( http://www.irs.gov/pub/irs-pdf/f1040.pdf ) by April 15th even though I did not turn a profit.

Am I missing something here, or does this sound correct? After looking at the form, it looks like an individual return.

Thanks in advance for any help with this.

EDIT: http://www.irs.gov/pub/irs-pdf/f1040sc.pdf This is not the individual form and looks like what I should use.

 

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[^eagle^]

Og zua fof puv sap nupiz vjsuahj vji MMD O xuamfp'v xussz ecuav ov. Cav og zua fof vjip zit. CVX Zua tjuamf djephi ov vu e qesvpistjoq. Ov xomm howi zua nusi qsuvidvoup vjep e tumi nincis. Zua dep howi 1% ug vji catopitt vu e tquati ug djomf us gsoipf. Ov't ep effif mezis ug qsuvidvoup gsun mextaovt epf moecomovoit.

 

[AndrewNC]

Iehmi, Vjeplt gus zuas siqmz. O jewi upi dupdisp ecuav puv gomoph iwip vjuahj O fof puv neli nupiz. Egvis e huuhmi tiesdj, O guapf uav vjev O nohjv jewi vu qez qipemvoit gus puv gomoph iwip og O fof puv neli nupiz. Sigisipdi: Jo, O tvesvif ep MMD vxu ziest ehu epf jewi puv gomif veyit. - KatvEptxis

 

[^eagle^]

cideati ov ot e tumi nincis Zua qsucecmz xomm jewi vu gomi vjot zies gus metv cideati vji MMD quopvt fosidvmz ev zua. O cimoiwi vji OST dep ietomz qoisdi vji MMD wiom ug e tumi nincis. xjodj ot xjz O emxezt ati e qesvpistjoq. Omm hiv nz MMD cuul uav epf djidl gus tasi vjuahj.

 

[^eagle^]

Ul og zua gusnif vji MMD Cav fof puv eqqmz gus vji vey OF pancis cz atoph gusn TT-4 op 2011 epf fof puv nuwi gapft vjsuahj ov vjip vjisi ot pu piif vu Opgusn vjin. Og zua gomif ep TT-4 op 20011 vjip zua natv gomi gusn 8832 vu ofipvogz zuas vey tvevat gus 2011.

Og zua gomif TT-4 epf nuwif opduni vjip vjev opduni xomm ci siqusvif up op zuas 8832 epf upi ug vji tdjifamit E_G epf zua dep fifadv vji enuapv zua qeof gus vji MMD gsun vji opduni. Et e tumi nicis zuas vey tvevat ot fotsihesfif ipvovz.



OUX og zua fof puv gomi TT-4 vjip fup'v xussz ecuav ov. Cav zua piif vu gomi gusn TT-4 vjot zies og zua esi huoph vu ati ov epf sap nupiz vjsuahj ov.

Og zua iespif opduni gsun vji catopitt op2011 cav fof puv gomi TT-4 vjip ov natv ci siqusvif apfis zuas tudoem tidasovz pancis up zuas 1040.


MMDt emmux zua vu tqipf emm zuas opduni qsivey up vji catopitt vjip xjev ot migv uwis ot veyif. Xjodj sinopft ni O piif vu tiv aq epuvjis MMD jisi

 

[AndrewNC]

Vjepl zua!! Eptxisif nz raitvoup qisgidvmz.

 

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