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Level 1
December 7, 2019
Solved

SOLD LLC TO NEW OWNER

  • December 7, 2019
  • 1 reply
  • 9 views
THE NEW OWNER CHANGED NAME AND ID# FOR THE LLC.  WHAT FORM DO I PUT THIS ON THE TAX RETURN.
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Best answer by George4Tacks

First you have to identify what was actually purchased by this new owner. Is the new owner going to operate as a SMLLC, or some other type of entity. Depending on what was sold, you may have to put at least some of the information on an IRS 8594.  

1 reply

George4Tacks
Level 15
December 7, 2019

First you have to identify what was actually purchased by this new owner. Is the new owner going to operate as a SMLLC, or some other type of entity. Depending on what was sold, you may have to put at least some of the information on an IRS 8594.  

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