It depends on the type of business, whether it had any income and your level of involvement with it.
If the business was a passthrough entity and you were a partner or shareholder, you can expect to get a Schedule K-1 which will show your share of income and expenses for 2023. If you get a K-1, you need to file it with your tax return.
If the business was a C-Corporation, there may not be anything to report on your personal tax return, but if you received cash, or property as a liquidation of the business that needs to be reported.
If the business was just a sole proprietorship, you can report your income and expenses directly in your tax return in the self-employment income section.
If you still have questions, respond back with more details, including the type of business and whether you received income, property or distributions when it closed.
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