Partnership LLC to Single-Member (married)

Darth Liv — Wed, 05 Oct 2022 00:55:02 GMT

At the beginning of this year (2022) I filed for an LLC in my state and listed my Husband as a member, not knowing it would be considered a "Partnership". I just filed through my state to remove him from my LLC (which would make it a single-member), however, how would I file when tax season comes around? The business is 100% run by me, and he agrees that all assets are technically mine since he has his own full-time job and doesn't have anything directly to do with the LLC.
Would I file a first and "final" 1065 for half of the year and then claim the rest under my personal return? Also, what would I put down in terms of assets if my husband and I both agree that I'm entitled to 100% of what I made during the partnership?

Re: Partnership LLC to Single-Member (married)

Critter-3 — Wed, 05 Oct 2022 01:06:49 GMT

Did you get an EIN for the business ? If so what form did the IRS say you were to file on the EIN issuance notice ?

Re: Partnership LLC to Single-Member (married)

Rick19744 — Wed, 05 Oct 2022 12:03:27 GMT

What state are you in and what activity did the entity have this year?

topic Re: Partnership LLC to Single-Member (married) in Business & farm

Partnership LLC to Single-Member (married)

Re: Partnership LLC to Single-Member (married)

Re: Partnership LLC to Single-Member (married)