How to File LLC Taxes in Wyoming (2026)
Wyoming has no personal or corporate income tax, so your LLC never files a state income tax return. Single-member LLCs use Schedule C with Form 1040, multi-member LLCs use Form 1065 and S-corp or C-corp elections use Form 1120-S or Form 1120.
This page covers what Wyoming still asks of your LLC. That means the Annual Report license tax, sales and use tax if you sell taxable goods and the federal taxes that apply either way.
Quick Summary
- Wyoming has no state income tax return to file. The Annual Report license tax is still due every year, so don't skip it.
- Selling taxable goods or services triggers Wyoming sales tax duties. Register with the state before your first taxable sale.
- Electing S-corp or C-corp status changes only your federal forms. Talk to a CPA before you file the election with the IRS.
Wyoming LLC Tax Summary
Here's how each Wyoming LLC type stacks up against the IRS and the state, form by form. Use it to find your federal form, confirm there's no matching state return and see when each one is due.
| LLC Type | Federal Form | State Form | Filed With | Filing Deadline & Tax Rate |
|---|---|---|---|---|
| Single-member LLC | Schedule C + Form 1040 | None | N/A (IRS only) | April 15 No state income tax |
| Multi-member LLC | Form 1065 + Schedule K-1 | None | N/A (IRS only) | March 15 No state income tax |
| S-Corp election | Form 2553, then Form 1120-S + Schedule K-1 | None | N/A (IRS only) | March 15 No state income tax |
| C-Corp election | Form 8832, then Form 1120 | None | N/A (IRS only) | April 15 No state corporate tax |
| Annual Report (all LLC types) | N/A | Annual Report / License Tax | Wyoming Secretary of State (WyoBiz) | Anniversary month $60 min. or $.0002 per dollar of WY assets |
How Wyoming LLCs are taxed
The IRS taxes your Wyoming LLC by member count, though you can change that with an election. One owner defaults to a disregarded entity, and two or more owners default to a partnership.
Wyoming layers nothing on top of that default, since the state has no income tax return of its own to require it. For the federal side of LLC taxes, see our guide to filing LLC taxes.
Wyoming state taxes by LLC type
Each LLC type below follows the same federal-first pattern: find your form, confirm the rate and note when it's due.
Each form in this section files straight to the IRS. The only recurring state paperwork is the Annual Report license tax, covered later on this page.
1. Single-member LLC - Schedule C
A single-member LLC is a disregarded entity by default. You report profit and loss on Schedule C, attached to your personal Form 1040.
Wyoming adds nothing here, since single-member LLCs owe no state income tax. You still pay federal self-employment tax on your net earnings, covered next.
2. Multi-member LLC - Form 1065
A multi-member LLC defaults to partnership taxation. The LLC files Form 1065 with the IRS, and each member reports their share of profit from Schedule K-1 on their own Form 1040. Wyoming requires no matching state partnership return of its own.
3. S-Corp election - Form 1120-S
Form 2553 elects S-corp status for your LLC with the IRS. Once approved, the LLC files Form 1120-S every year, sends each shareholder a Schedule K-1 and Wyoming still charges no state income tax on any of it.
4. C-Corp election - Form 1120
Your LLC becomes a C-corp for tax purposes by filing Form 8832 with the IRS. The corporation then files Form 1120 every year and pays federal corporate tax on its own profit.
Shareholders pay tax again on any dividends they receive. Wyoming adds no corporate income tax of its own, so double taxation here is a federal issue only.
Federal taxes Wyoming LLC owners pay
Wyoming LLC owners who take profit as self-employment income pay self-employment tax at 15.3% on net earnings, split into 12.4% for Social Security and 2.9% for Medicare.
Expect to owe $1,000 or more in federal tax for the year after withholding? The IRS wants quarterly estimated payments on April 15, June 15, September 15 and January 15.
Other Wyoming taxes that may apply
A few more Wyoming tax duties kick in depending on what your LLC does, whether you hire staff or sell taxable goods and services.
1. Wyoming employer taxes
Once your LLC hires an employee, you owe unemployment insurance tax to the Department of Workforce Services. The taxable wage base is $33,800 for 2026 [1].
Employers with three or more years on their account get an experience-based rate calculated from their benefit ratio and four rate factors, and new employers get a rate set by industry. Skip registration before your first report and you're assigned the maximum rate of 8.5%.
2. Wyoming sales and use tax
If your LLC sells taxable goods or services, register through the Wyoming Internet Filing System before your first taxable sale.
Wyoming's base sales and use tax rate is 4%, and counties may add up to 2% more for general purposes, with total county excise capped at 3% combined [2].
Selling into Wyoming from out of state? You owe Wyoming sales tax once your gross revenue from sales delivered into the state passes $100,000 in the current or prior calendar year, with no separate transaction-count test since Wyoming repealed it in 2024.
3. Wyoming Annual Report license tax
Your Wyoming LLC files an Annual Report and pays the license tax every year, whether or not it owes anything else to the state.
The tax is $60 at minimum, or $.0002 per dollar of assets your LLC holds in Wyoming, whichever is greater.
It's due the first day of your LLC's anniversary month, the same month you originally filed to start an LLC in Wyoming.
See our guide to registered agents in Wyoming if you need to change yours, and our full breakdown of the Wyoming Annual Report for the filing walkthrough.
What is deductible for a Wyoming LLC
There's no state deduction or credit list to claim from your LLC's Wyoming taxes specifically. Federal deductions cover everything that lowers your LLC's tax bill, including the qualified business income deduction for eligible owners.
Keep your Wyoming Annual Report license tax and sales tax records separate from your federal bookkeeping. Neither one is a federal income tax deduction. A CPA familiar with Wyoming's Excise Tax Division can confirm which of your specific expenses qualify federally.
FAQs
Do I Still Need to File an Annual Report If My Wyoming LLC Has No Income Tax Return?
Yes, you still need to file an Annual Report even though Wyoming has no income tax return. File it through WyoBiz with the Wyoming Secretary of State, separate from any income tax filing.
Does My Wyoming LLC Need a Sales Tax Permit If I Only Sell Online?
Yes, your Wyoming LLC needs a sales tax permit once your online sales delivered into Wyoming pass $100,000 in gross revenue for the year. Below that threshold, the remote-seller rule doesn't require you to register.
What Happens If I Don't Register With Wyoming's Unemployment Insurance Program Before Hiring?
If you don't register with Wyoming's Unemployment Insurance Program before hiring, Wyoming assigns your LLC the maximum tax rate of 8.5% instead of an industry-based rate. Complete a Joint Business Registration with the Department of Workforce Services beforehand, plus an Out of State Questionnaire if you're based elsewhere.
Is Wyoming's LLC Annual Report the Same as an Income Tax Return?
No, Wyoming's Annual Report is not an income tax return. It's a yearly filing with the Secretary of State that reports your LLC's assets in Wyoming and pays the license tax, separate from any tax on your business income.
References:
- https://dws.wyo.gov/dws-division/unemployment-insurance/wyui/unemployment-taxable-wage-base/
- https://wyoleg.gov/statutes/compress/title39.pdf
