My dad transferred his 1% LLC rights to me on December 31st, 2017. The LLC has no assets and no income/expenses for the 2017 tax year. I have TurboTax 2017 and need to file so that next tax year will be treated as a disregarded entity. The form 1065 only declares that an ending of the partnership is when more than 50% has changed hands but that did not occur.
I have seen that I need to mark final on my 1065 and K-1 but does the IRS automatically change my classification to disregarded entity since they are final? I have also seen that I might need a new EIN from (https://www.irs.gov/businesses/small-businesses-self-employed/do-you-need-a-new-ein) since the partnership has ended.
Do I need to file an 8832 to let the IRS know that I am now a disregarded entity?
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You will make 1065 as the Final return.
You will get a new EIN for single member LLC. The source is your link in the answer above.
and lastly, no Form 8332 is required to be filed. Source: https://fitsmallbusiness.com/form-8832-instructions/
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