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Business & farm
Basically, the only real difference between an LP and an LLC when it comes to taxes, is the spelling. So under the business info tab all you should need to do is change the business type selection from U.S. Limited Partnership, to U.S. Limited Liability Company. Everything else under the Business Info tab (business start date, and the such) would all stay the same. Likewise, nothing changes for the business assets either.
‎July 16, 2019
11:54 AM