I HAVE A SMALL LLC WITH A EIN TO PROTECT OUR SS#s. THIS LLC IS A PARTNERSHIP OF MY WIFE AND I, FORMED IN 2018, KNOWING THAT WHEN I RETIRE I WOULD LIKE TO KEEP GOING IN SOME FORM. THE FIRST YEAR OF OPENING, I FILED THE 1065 AND K1 FOR BOTH MY WIFE AND I COMPLETED WITH 0'S AS NO BUSINESS WAS DONE. LAST YEAR THE IRSSENT A PENELTY NOTICE FOR FAILING TO FILE, BUT REMOVED THE PENELTY AS THEY SAW THAT I DID 0 BUSINESS. NOW I AM NOT SURE IF I AM NOW CONSIDERED "DISREGARDED ENTITY OR NOT, AS ALL PROFIT EARNED BECOMES OUR PERSONAL INCOME. CAN YOU ADVISE?
