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To apply for an Economic Injury Disaster Loan (EIDL) through the Small Business Administration (SBA), you'll need to provide financial documents that demonstrate your business's economic injury due to a disaster. The SBA typically requires the most recent federal income tax returns, but if you haven't filed yet, you may need to provide a year-to-date profit-and-loss statement and a balance sheet instead.
As for filing past due tax returns, the IRS generally expects you to file the last six years of tax returns to get caught up. For your business, you'll need to file a Schedule C (Form 1040) to report your profit or loss from business if you're a sole proprietor. You'll also need your financial records for those years, including income and expense information.
Remember, it's important to file your taxes even if you can't pay what you owe, as the failure-to-file penalty can be quite hefty. Once you've filed, you can work out a payment plan with the IRS if necessary.
Keep in mind that the specifics can vary based on your individual situation, so it's a good idea to get professional advice to make sure you're taking the right steps.
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