Is it possible to withdraw a previously filed 1065?
I have a client who previously filed 1065's for 2011, 2012, 2013, 2014 as advised by his previous tax adviser. His tax adviser perhaps assumed or perhaps the client implied that he was partner in his brothers LLC which he legally was not. Now the IRS is asking his brother (sole member of LLC) to file 1065's which he never filed because of being sole member of the LLC and filed the returns as sole proprietor as usually done in cases with sole member LLC's.
Can 1065 be amended to show $0 amounts and noted in explanation that it was mistakenly filed? Can we then file Schedule C return as sole proprietor?
Thanks for help!
Terry
