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Last year i converted a general partnership to an LLC. What…

Last year i converted a...
Last year i converted a general partnership to an LLC. What documents do I file with the state and or federal government to show this conversion?
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Answered in 1 hour by:
2/13/2018
Lev
Lev, Tax Advisor
Category: Tax
Satisfied Customers: 32,985
Experience: Taxes, Immigration, Labor Relations
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You will not be required to obtain a new EIN if

-- An existing partnership converts to an LLC classified as a partnership.

See here

https://www.irs.gov/businesses/small-businesses-self-employed/do-you-need-a-new-ein

So for federal tax purposes that will be the SAME partnership and you will use the same EIN.

You will continue to file form 1065 as before - but if the LLC's name is ***** ***** you will us ea new name on form 1065

AND

mark the appropriate name change box on the form: Page 1, Line G, Box 3.

.

Similarly - when you file for California - you will use the same partnership tax return form - with new name - and Check the box in the header that name changed.

No other forms or documents are required.

Lev
Lev, Tax Advisor
Category: Tax
Satisfied Customers: 32,985
Experience: Taxes, Immigration, Labor Relations
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