matt27
New Member

I switched from Sole Proprietorship to an LLC, do I have to inform the irs that the sole proprietorship is closed?

On January 1, 2019 I started and LLC for my business that was formerly a Sole Proprietorship. I did everything with business licenses, new bank account, etc. and even got a new EIN. Do I have to "Close" my sole proprietorship in Turbo Tax and "Open" my LLC to inform the IRS of this? If so, how to do I do this?