Skip to main content
Level 2
June 6, 2019
Question

IRS forms required for LLC dissolution single owner

  • June 6, 2019
  • 2 replies
  • 23 views

IRS forms required for LLC dissolution

2 replies

Critter
Level 15
June 6, 2019

If you report the LLC on a Sch C then "closing" it is simple   ...just report any assets sold, stop depreciating any you are converting to personal use & click the box on the Sch C that says final. 

https://www.irs.gov/businesses/small-businesses-self-employed/closing-a-business

Lisa995
Alumni - Champ
Alumni - Champ
June 6, 2019
Your state may require additional steps though.
♪♫•*¨*•.¸¸♥Lisa♥ ¸¸.•*¨*•♫♪