I was the co-founder of a LLC taxed as a partnership. I exited the LLC/partnership two months ago and my business partner decided to take over as a single member LLC.
My accountant filed a short form return 1065 and checked “final return”.
My business partner said he mailed in an 8822b but I called the IRS today and they said they hadn’t received it. I looped my business partner in and he provided info to theoretically become the responsibility party over the phone.
How can I be sure the change is made and complete? If he doesn’t pay his taxes come 2021, I don’t want to be liable. Is “final return” on the 1065 enough to prove I’m out?
