EIN Change - Annual Reporting

[delreal21]

If there is an EIN change mid-year due to restructuring from an S-corp to a partnership resulting from a majority sale to a financial sponsor, would you report the entire fiscal year under the new EIN or both EINs?

[Critter-3]

You will close the corporation   and open the partnership.  They are totally separate entities and the income/expenses each had must be reported on the correct tax form.    I HIGHLY recommend you seek local professional guidance if you are at all confused as to what needs to be done and when.   You could already be late filing the final S-Corp return and if so the penalties are accruing at a fast pace.

[delreal21]

Thank you. I appreciate the quick feedback.