Sunday, August 14, 2011

I formed a LLC last year but only have expenses, no income. How do I file?

My business partner and I formed a LLC in February of last year. We only had expenses, and I paid most of these expenses out of my own pocket. I just got rid of my good for nothing partner this February. How do I file taxes for the business, or do I have to? Do I get anything for paying all the expenses personally?

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