vm0824
New Member

Business & farm

Hello @Rick19744 , I believe I am in the same boat as the OP. Can you please also take a look at some questions I'm having?

 

I've already filed form 8832 to retro the election to 1/1/19. I expect then to have to revise my 2018 return.

 

  1. If I mark it final, does that nuke my EIN? I guess, as a disregarded entity, do i no longer need an EIN? I have many state and business related licenses linked to that EIN, so I hesitate to completely rid myself of that number altogether. 
  2. Do i then have to create new K1's amended w/ final? NJ-K1's with final? And amend my dads 1040 and my joint (w/ spouse) 1040?

Thanks for your time!