1065 or Schedule C?


B

boomboom21

A friend and I formed an LLC a few years back, however he
has since moved away and does no longer materially
participate in the LLC. He did not generate any revenue for
the LLC in 2004, and the amount I generated in 2004 was not
significant.

My question is, since my partner did not participate in 2004
(although technically he is still a partner since we didn't
officially dissolve the partnership) do I still need to file
a 1065? I have read that you can use a Schedule C for a
single-member LLC? Would there be something I need to file
to change the business to a single-member LLC?

Thanks in advance
 
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