Is it correct to have FINAL on form 568 LLC when finalizing a Partnership (1065) LLC? LLC will continue but as Sole Proprietor.

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Is it correct to have FINAL on form 568 LLC when finalizing a Partnership (1065) LLC? LLC will continue but as Sole Proprietor.

I am finalizing a Partnership that is an LLC. The changes with the state have been made to become a one member. Next year, client will be filing as sole proprietor with the LLC. When I input FINAL at form 1065, and I transfer the information to form 568, it will also state FINAL. Is that correct?

Is it correct to have FINAL on form 568 LLC when finalizing a Partnership (1065) LLC? LLC will continue but as Sole Proprietor.

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