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Updated 3 days ago on .
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Final return question for LLC S corp
I have a Florida LLC taxed as S Corp opened in 2024. Never transacted any business, never used it. Dissolved the LLC April 2025. Can I do a 1120-S and K1 and mark the box "final reutrn?" Or do I need to mess with this again next year since I dissolved it in 2025? Again, did not use the LLC in 2024 or 2025. Also, please advise if I need to do anything besides the 1120-S and K1. Thanks.
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Stephen Nelson
#2 Tax, SDIRAs & Cost Segregation Contributor
Tax & Financial Services
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#2 Tax, SDIRAs & Cost Segregation Contributor
- Accountant , CPA, MBA in Finance, MS in Taxation
- Redmond, WA
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Stephen Nelson
#2 Tax, SDIRAs & Cost Segregation Contributor
Tax & Financial Services
Pro Member
#2 Tax, SDIRAs & Cost Segregation Contributor
- Accountant , CPA, MBA in Finance, MS in Taxation
- Redmond, WA
You should do the 1120S for all the years the entity was in existence. E.g., if it was "alive" in both 2024 and 2025, do both years.
- Stephen Nelson
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- 425-881-7350
Nelson CPA PLLC