Zero. Zip. Zilch.

Never pay interest with a Refund Advance loan¹⁰⁹

This is an optional tax refund-related loan from Axos Bank™, Member FDIC; it is not your tax refund. Loans are offered in amounts of $500, $750, $1250 or $3000. Approval and loan amount based on expected refund amount, ID verification, eligibility criteria, and underwriting. If approved, funds will be loaded on a prepaid card and the loan amount will be deducted from your tax refund, reducing the amount paid directly to you. Tax returns may be e-filed without applying for this loan. Fees for other optional products or product features may apply. Limited time offer. Available at participating locations. Not offered in Puerto Rico. HRB Maine License No. FRA2. OBTP#B13696 See hrblock.com/refundadvance for details. ©2018 HRB Tax Group, Inc.

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Tax Information Center : Income : Other Income

Question

I have a question about how to file business taxes with no income — Is filing business taxes with no income necessary?

Answer

Regarding how to file business taxes with no income, you shouldn’t file if:

You weren’t actively engaged in a trade or business.
You were preparing to begin your business.

You can either deduct or amortize start-up expenses once your business begins rather than filing business taxes with no income.

If you were actively engaged in your trade or business but didn’t receive income, then you should file and claim your expenses. Ex: You’re paid upon completion of your work.

You should still file, even if you haven’t received income yet. You can show a loss on Schedule C when filing taxes with no income to offset other income.