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Lev
Lev, Tax Advisor
Category: Tax
Satisfied Customers: 28082
Experience:  Taxes, Immigration, Labor Relations
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Senecal just filed my K1 with IRS and what to disolve

Customer Question

***** ***** senecal just filed my K1 with IRS and what to disolve my LLC partnership .Who do i call in New york state.
JA: Thanks. Can you give me any more details about your issue?
Customer: I bought my partner out and i am now sole propritor and dont need a LLC.
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Submitted: 8 months ago.
Category: Tax
Expert:  Lev replied 8 months ago.
Hi and welcome to our site!First of all - you will need to file a FINAL tax return for the partnership - you will use form 1065 - and check the box FINAL.All assets must be distributed and all accounts should become zero.
Expert:  Lev replied 7 months ago.
All assets must be distributed and all accounts should become zero.Specifically for NY filing - see these pagehttps://www.tax.ny.gov/bus/doingbus/ending_business.htmHere are Articles of dissolutionhttp://www.dos.ny.gov/forms/corporations/1366-f-l-a.pdfThat you need to file with New York State Department of State.I appreciate if you take a moment to rate the answer.Experts are ONLY credited when answers are rated positively.If you still have any doubts, need clarification - please be sure to ask.I am here to help you with all tax related issues.

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