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prosapien

Need help with filing LLC paperwork

Recently started up a business where I need to file paperwork. The company itself has made $0 and isn't even fully operating yet. However, I still have to fill the paperwork out. The paperwork, sounds confusing, is for gambling/wagering. It is form 11-C and 730. Here are the forms:

https://www.irs.gov/pub/irs-pdf/f730.pdf https://www.irs.gov/pub/irs-pdf/f11c.pdf

Confusing questions I came across:

Form 730

  1. What is "Check applicable boxes: Final return or Address change"?

  2. When it asks for the month and year of the return, is it asking for the current month and year?

  3. Can I put 0 for all the boxes requiring a value? For example "Gross amount of wagers accepted during month (not including laid-off wagers)", since the company has made $0, can I just put 0?

Form 11-C

  1. Under check one: First return or Renewal return, what do these mean?

Posted May 15, 2016, 8:02 PM UTC

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