Partnership to sole proprietor

[candlesflaming]

Hello,

Me and my partner are splitting ways. She has too much family stuff to deal with right now. I am going to take over as the sole proprietor. How does that work? What do i need to do so i can file as a sole proprietor on my taxes this year? She only put in time not anything monetarily or physically in the way of good. We are a family childcare home. She isn't asking me to but her out so no money will be exchanged. She will be working for me as a substitute so i can go to appointments.

Thank you for your help,

Christina

[Mike9241]

since we know nothing about the partnership, you should see a tax pro. there can be adverse tax consequences from the termination for one or both parties.