Question
How to close LLC book and file final return
I am filing LLC return for 2021, almost no business activity.
The partner close the business with the state at end of 2021, but there is still $25k left at escrow (Laywer office holding).
The partners asking file final return for 2021, ignor the $25k left.
The $25k will be paid to partner's loan and small amount of expense before end of 2022.
