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tax help needed fast!!!!

beachgirl1977beachgirl1977 member
in 1st Trimester
dh started an s corp on dec 14 2009. For most of the year he was self employed. Does he need to file for the s corp for 2009 even though the corp made no money in 2009. He says no I say yes.He thinks our personal return is finewe live in nj 
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Re: tax help needed fast!!!!

  • BeachMBeachM member
    No idea, but if it were me I'd call the IRS and ask.
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  • AtlantaMamatobeAtlantaMamatobe

    I would file it.  The setup cost are still a deduction on the self employed income.  The IRS website is really good too.

     

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  • toriitorii member
    Just IMed DH who is a tax accountant. He says yes. Then again, I'm just a random bumpie, so my personal advice would be to call your accountant. Better safe than sorry!
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  • flyfishnKellyflyfishnKelly

    Yes. I am a tax accountant.

    And the deadline was yesterday for S-Corps (3/15).

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  • dc2heartsdc5dc2heartsdc5
    yes anything that happens during that year has to be reported...if you get married in dec or have a baby on new years eve...your considered married the whole year and the baby is a dependant the whole year
    Married 11/08/08 TTC since 2009 MC 3/22/10 at 9w4d MC 7/20/10 at 6w5d Homeowners since 2/24/11 BFP Father's Day 6/19/11 Pregnancy Ticker Psalm 139:13,15-16 You made all the delicate, inner parts of my body and knit me together in my mother's womb... You watched me as I was being formed in utter seclusion, as I was woven together in the dark of the womb. You saw me before I was born. Every day of my life was recorded in your book. Every moment was laid out before a single day had passed.
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  • carissarybackcarissaryback
    imageflyfishnKelly:

    Yes. I am a tax accountant.

    And the deadline was yesterday for S-Corps (3/15).

    This.  You can't just not file and say you made no money, the government won't believe you.  I would call the IRS tomorrow and just explain...they may let you still apply for an extension (with a fee).

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