asked

I am a foreign founder from Turkey who does not live in the USA. I have a Multi-Member LLC in Wyoming and a C-Corp in Florida, both established in late 2020 and have not started operations. The LLC is taxed as a partnership, and the C-Corp is taxed as a C-Corp. There has been no activity in either company (no employees, contractors, income, or expenses). Do I need to file any Form 1099 series (like 1099-NEC, 1099-DIV, etc.)? Additionally, when should I file Form 1040NR, and when should I obtain an ITIN?

June 16th, 2024

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