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Old 09-21-2008, 06:33 PM
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S-Corp Zero Activity

Guru,

I'm told (by a fairly accomplished CPA) that my S Corps dont have to file a return if they had no activity. Do you agree? And what would I then include a $0.00 K1 on my personal return?



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Old 09-22-2008, 04:26 PM
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Please refer to the following link for your specific answer.

http://www.asktaxguru.com/334-corpor...en-though.html

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