This is a follow up of my previous question (posted on 7/2/9). Is there any update ? thank you!
I have a SMLLC, 100% ownership of which was sold to a third party individual during 2018.
Per previous rule (technical termination), the SMLLC already filed Form 568 for the short period( from 1/1/18 thru sale date) and was going to file another one for the short period (from sale date thru 12/31/18).
Now there’s no technical termination and if the SMLLC elects to apply to 2018 tax year, should the SMLLC file amended Form 568 to cover the whole year 2018?