Under the United States Tax Code, all corporations based in the U.S. must file an income tax return whether or not they have taxable income. This is true regardless of whether or not the corporation made any money.
This tax rule applies to:
- LLCs that have elected to be taxed as corporations.
The only exception is for corporations exempt from taxation under 501(c)3 of the Internal Revenue Code. These organizations are commonly referred to as charities, foundations, and non-profits.