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Updated almost 6 years ago on .

User Stats

17
Posts
8
Votes
Kendall Seals
  • Investor
  • Chattanooga, TN
8
Votes |
17
Posts

Going from LLC Partner to LLC Single Member

Kendall Seals
  • Investor
  • Chattanooga, TN
Posted

I am taking my business from a 2 member LLC where we filed a K1 for 2018 to a Single member halfway through 2019. Do I just have a dissolution contract between my former partner and I and file a K1 for the time period we were partners and the remaining part of the year on my personal or is there an additional step? Would love to hear from CPA's on this one.

  • Kendall Seals