Partnarship LLC: Is it better to file article of disolution or let it go through Administrative dissolution? Is there any difference?

[SS_22]

State of LLC: Oregon.

[SweetieJean]

You are asking a legal question (which we cannot answer here), not an income tax one.

[SS_22]

In that case, excluding the part of which is the better of the two, from an income tax perspective, is there a difference for a partnership that file article of dissolution vs. having it be Administratively dissolved?

[tagteam · Accepted solution]

Not really. In either case you need to wind up the affairs of the LLC and file a final return (1065), assuming you have either income or expenses that are treated as deductions or credits.