Re: My LLC started as a partnership but is turning...
taxes4sumting
Level 3

Business & farm

To wrap this up what occurs with the other partner in the transfer to the single member LLC doesn't seem to matter because that is not staugust1's problem. Saying that "there's not a whole lot "in writing"" is kind of goofy because not everything has to be in writing to be enforceable and that includes partnership agreements. In one of the other messages, saying that the IRS says you can't Efile amended returns is wrong because the IRS does allow amended returns to be Efiled except for an amended 1040 or 706....you can Efile an amended 1065 that's for sure....maybe not with turbotax though.

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