IRS forms required for LLC dissolution single owner

IRS forms required for LLC dissolution

posted

Connect with an expert

2 Replies

IRS forms required for LLC dissolution single owner

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

IRS forms required for LLC dissolution single owner

Your state may require additional steps though.

♪♫•*¨*•.¸¸♥Lisa♥ ¸¸.•*¨*•♫♪

Still have questions?

Questions are answered within a few hours on average.

Post a Question

*Must create login to post

Expert does your taxes

Do it yourself

Resources

Support

IRS forms required for LLC dissolution single owner

IRS forms required for LLC dissolution single owner

IRS forms required for LLC dissolution single owner

Unlock tailored help options in your account.

Get more help

Do you have a TurboTax Online account?

IRS forms required for LLC dissolution single owner

Do you have an Intuit account?

IRS forms required for LLC dissolution single owner

IRS forms required for LLC dissolution single owner

Unlock tailored help options in your account.

Get more help

Related Content

Thank you for helping us improve the TurboTax Community!

Sign in to Turbotax

File your taxes, your way

Access additional help, including our tax experts

Post your question

Connect with an expert