Legal Question in Tax Law in Virginia

How do I file 2024 taxes on my single member LLC when it’s been unprofitable since it started in June 2023 but I’ve transferred $1k from my personal to business account to pay for $400 in business related expenses/startup costs? Long story short, I have not made any money and I’m down $400, how do I file taxes in VA state?

Asked on 12/23/23, 7:46 pm

1 Answer from Attorneys

Richard Bryan Richard Bryan Attorney PC

0 users found helpful

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You have to go see a tax preparer this isn’t the place to get help with that.

Good luck.

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Answered on 12/24/23, 11:26 pm

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