How to convert multi-member LLC to single member LLC

[Summer2021]

I have a new client who has been filing her husband and wife owned LLC as a partnership.  Since the LLC is a CA LLC which theoretically can be filed as a disregarded entity or schedule C with their jointly filed Form 1040.

Is there a way to change their LLC filing from Form 1065 to Schedule C?  

Really appreciate any insight or suggestion.

[Just-Lisa-Now-]

You cant automatically convert a 1065 into a 1040 with a Sch C, you'd have to re-enter your list of assets manually.

[Skylane]

I generally amend the last 1065to mark it final. Then prepare a schedule C.  There’s no way that I know of to transfer assets or other into from a 1065 to a sch C…. But I could be wrong… 

[Summer2021]

Thank you all!  I think both of you provided valuable information.

I think what I will do is to amend prior year Form 1065 tax return, then key in fixed assets information to Schedule C.