Termination of Partnership

Hello all, I just want to make sure I’m on the right track here!

Two members LLC taxed as partnership split before they had any activity in the business. One of them would like to continue on with the same name and the same EIN number.

I plan to:

File final 1065 on paper (2018 tax form) with all zeroes but I would NOT close the EIN. Instead would include form 8275 or maybe a statement saying that new TCJA (IRC sec. 708(b) lets the business continue with the same EIN.

I’m correct here and am I missing something?

Thank you!



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