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Business & farm
@cj16272 wrote:
Can I change the EIN to be more appropriate? Do I just file the home and business only?
You can get a new EIN, but it is not necessary to do so when an LLC changes from more than one member to a single member.
See https://sa.www4.irs.gov/modiein/individual/help/keyword.jsp?question=Do%20I%20need%20a%20new%20EIN
Also, a single-member LLC does not file Form 1065 since the LLC, absent an election to be taxed as a corporation, is treated as a disregarded entity for federal income tax purposes. Thus, you can file using Home & Business.
If, by any chance, you receive a letter from the IRS, you simply need to explain that you erred when you indicated the number of members was more than one.
‎February 5, 2020
6:38 PM