Hello,
I became Sole owner of a LLC 08/02/2018. It was runned before as LLC Partnership filling every year a 1065 form.
What form should I use for 2018 ?
Should I use a:
- 1065 Form for the Period 1/1/2018 to 8/1/2018
And
- 1040 Form for the Period 8/2/2018 to 12/31/2018
Can I still opt for S corp tax for 2018 and fill a 1120s Form (Knowing that I was drawing money when I wanted as sole owner during the year?), does it worth it ?
Thank you for your advices!