Partnership llc to sole prop llc

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  • JenMO
    Senior Member
    • Apr 2007
    • 974
    #1

    Partnership llc to sole prop llc

    filed partnership llc final return in 2017. In 2018, remaining partner wants to be sole prop llc.(same businessw) Remaining partner was 99% partner, and 1% partner gave up all interest in llc. Do I need a new EIN? How do I proceed?
    Tags: None
    • kathyc2
      Senior Member
      • Feb 2015
      • 1946
      #2
      You will not be required to obtain a new EIN if the following statements are true:
      • The number of members in the LLC changes from more than one member to a single member.
      https://sa.www4.irs.gov/modiein/indi...p/help-toc.jsp

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        • JenMO
          Senior Member
          • Apr 2007
          • 974
          #3
          ok, thanks

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