[WSBARP] single member to two-member LLC

[Rod Harmon]

An LLC in which H&W are the sole members is considered by the IRS to be a single-member LLC and therefore a disregarded entity.  It does not need its own EIN and it does not file its own tax return, but its activity is reported on Schedule C of H&W's joint return.  But then H dies, his wife is the PR of his estate, and his estate obtains an EIN.  Is the LLC now a two-member LLC that must apply for its own EIN and file its own tax return?

Rod Harmon

RODNEY T. HARMON
       Attorney at Law
         P.O. Box 1066
      Bothell, WA   98041
     Tel:   (425) 402-7800
     Fax:  (425) 458-9096
    www.rodharmon.com<http://www.rodharmon.com>
   rodharmon at msn.com<mailto:rodharmon at msn.com>



-------------- next part --------------
An HTML attachment was scrubbed...
URL: <http://mailman.fsr.com/pipermail/wsbarp/attachments/20171116/4f78ebb8/attachment.html>