How to File LLC Taxes in Nevada (2026)
Nevada charges no state income tax. Filing LLC taxes here means federal forms only. A single-member LLC uses Schedule C, and a multi-member LLC files Form 1065. An S-corp or C-corp election files Form 1120-S or Form 1120 with the IRS.
This page covers Nevada's Commerce Tax, sales and use tax, payroll tax and the Secretary of State's Annual List and Business License fee, the state-level pieces the federal forms above don't touch.
Quick Summary
- You'll deal with more than one agency. File with the IRS, then register with Nevada's Department of Taxation and Secretary of State as needed.
- Nevada has no state income tax. That doesn't mean no paperwork, since the Annual List and Business License renewal still carry real fees and deadlines.
- Confirm rates before you file. Commerce Tax and payroll tax thresholds can change, so check the Department of Taxation site for your filing year.
Nevada LLC Tax Summary
The table below breaks down the federal form, state form and filing deadline for each Nevada LLC tax type, including the Commerce Tax revenue threshold.
| LLC Type | Federal Form | State Form | Filed With | Filing Deadline & Tax Rate |
|---|---|---|---|---|
| Single-member LLC | Schedule C (Form 1040) | None (no state income tax) | IRS | April 15 |
| Multi-member LLC | Form 1065 | None (no state income tax) | IRS | March 15 |
| S-Corp election | Form 1120-S | None (no state income tax) | IRS | March 15 |
| C-Corp election | Form 1120 | None (no state income tax) | IRS | April 15, 21% federal rate |
| Commerce Tax (if NV revenue exceeds $4,000,000) | N/A | Commerce Tax Return | Nevada Department of Taxation | Aug 14, 2026 (rate varies by industry) |
How Nevada LLCs Are Taxed
Nevada taxes LLCs the same way the IRS does. A single-member LLC defaults to sole proprietor treatment, and a multi-member LLC defaults to partnership treatment for federal purposes.
Owners can also elect S-corp or C-corp treatment by filing the matching IRS form. That choice changes only your federal paperwork. Nevada has no matching state election.
If you haven't formed your LLC yet, see how to start an LLC in Nevada before you plan its tax classification. The file LLC taxes hub covers the federal filing rules that carry over to other states too.
1. Single-Member LLC
Nevada doesn't tax a single-member LLC at the entity level, and it has no state income tax to file at all. You report the LLC's profit on Schedule C with your personal Form 1040. Mark April 15 if your LLC runs a standard tax year.
2. Multi-Member LLC
A multi-member LLC pays no Nevada income tax either, since the state doesn't tax pass-through profit at the entity level. Members report their share of profit and loss on Form 1065, due March 15 for a calendar-year partnership.
3. S-Corp Election
Electing S-corp status doesn't create a Nevada tax bill, because the election only changes federal treatment. Shareholders report the LLC's income on Form 1120-S and pass the profit through to their own returns. Nevada S-corps follow the standard March 15 federal deadline.
4. C-Corp Election
A Nevada LLC that elects C-corp treatment pays no state corporate income tax, since Nevada doesn't levy one. It still owes the federal 21% corporate rate on Form 1120. That return comes due April 15 when your tax year follows the calendar.
Federal Taxes Nevada LLC Owners Pay
Every Nevada LLC owner who works in the business pays federal self-employment tax on net profit. The rate is 15.3%, split into 12.4% for Social Security and 2.9% for Medicare. Nevada charges no separate state version of it.
Owners who expect to owe $1,000 or more pay it in quarterly estimates, due April 15, June 15, September 15 and January 15. Nevada has no matching state estimated-payment form.
Other Nevada Taxes That May Apply
Your Nevada LLC can still owe other state-level taxes and filings, depending on your revenue, payroll and industry. The sections below break down what applies and when it's due.
1. Commerce Tax
Nevada's Commerce Tax applies once your LLC's Nevada gross revenue passes $4,000,000 in a fiscal year. Below that threshold, you owe nothing and don't need to file a return.
The rate depends on your industry classification instead of one flat percentage, so confirm your NAICS category before you estimate what you owe.
For a fiscal year that ends June 30, the Commerce Tax return is due 45 days later. That lands the 2025-2026 return on August 14, 2026.
2. Modified Business Tax
Nevada charges Modified Business Tax on employee wages instead of LLC profit. The rate is 1.17% on gross wages after health-care deductions. The first $50,000 you pay each quarter stays exempt [1].
File the return every quarter through the My Nevada Tax portal, even when you owe nothing. It's a payroll tax, so only LLCs with employees on payroll owe it.
3. Sales and Use Tax
Any LLC that sells, leases or rents taxable goods in Nevada needs to register for a sales tax permit before it collects a dime. The base state rate is 6.85%, and combined local rates can reach 8.375% in Clark County.
4. Employer Taxes
If you have employees, Nevada adds two more requirements on top of the taxes above, covering unemployment insurance and workers' compensation coverage.
Unemployment Insurance Tax
Nevada taxes each employee's wages up to $43,700 for 2026, the state's unemployment insurance wage base. The Nevada Department of Employment, Training and Rehabilitation sets your specific rate and mails it to you each year.
Workers' Compensation
Nevada law requires every employer to carry workers' compensation insurance for employees. You get it through a private insurer or an approved self-insurance plan. Rates vary by industry and claims history, so ask your insurer for a quote instead of guessing a flat statewide number.
5. Local Taxes
Counties and cities can add their own taxes on top of state rates, depending on where your LLC operates. Check with your county or city clerk for local rules before you assume the state rate is your only bill.
6. Industry Taxes
Some Nevada industries carry their own excise or premium taxes on top of the general business taxes covered above, and the list below names the ones your LLC might run into:
- Cigarette tax
- Other tobacco products tax
- Liquor tax
- Wholesale and retail marijuana excise tax
- Tire tax
- Live entertainment tax
- Bank branch tax
- Gold and silver excise tax
- Net proceeds of minerals tax
- Insurance premium tax
Nevada Annual List and State Business License
Nevada requires each LLC to file an Annual List with the Nevada Secretary of State, plus a State Business License renewal. Together, the two filings cost $350 a year: the Annual List fee is $150 [2], and the State Business License fee is $200 [3].
Both are due at the same time, first when you form the LLC and then every year on the anniversary month. A registered agent in Nevada can track that deadline for you, and our guide to the Nevada Annual List walks through the full steps.
What Is Deductible for a Nevada LLC
Nevada LLCs can deduct the usual federal business expenses, including health insurance premiums, vehicle costs, startup costs, travel, salaries and liability insurance. None of these deductions are Nevada-specific. The savings come entirely from your federal return.
FAQs
Do Foreign LLCs in Nevada Pay Taxes?
Yes, foreign LLCs in Nevada pay Nevada taxes once they do business in the state. Commerce Tax, Modified Business Tax and sales tax can all apply the same way they do for a domestic LLC.
What Happens If I File My Nevada Business License Late?
Here's what happens if you file your Nevada Business License late: the Secretary of State adds a $100 penalty on top of your regular annual fee. Renew before your LLC's anniversary month to avoid it.
References:
- https://www.leg.state.nv.us/NRS/NRS-363B.html
- https://www.leg.state.nv.us/NRS/NRS-086.html
- https://web.archive.org/web/20260523183501/https://www.nvsos.gov/licensing/state-business-license/state-business-license-faq
