Hello, the husband/wife partnership LLC was created in Florida last year. There was no income, only minor expenses to create the LLC in 2024, which was filed in a 1065. For 2025, there will be very little income as it is still getting organized, but would like to file it as a disregarded entity on personal taxes (in Schedule C). In this case, it most likely need to change the business structure to a single-member LLC. Would a new EIN be needed? And if so, is anything else required be filed to close out the partnership LLC or for the months to-date before the change was made? Also, what are the quarterly requirements of the partnership vs. single-member LLC throughout the year?
Thanks!
