Corporate non California client buys into a publicly traded partnership. That partnership allocates $40 of ordinary income to California. They get a notice saying they owe the minimum $800, plus a $200 - that evidently makes everything OK. Does this sound right.
Another preparer says he had an LLC, filing as a partnership, who got the same type notice and when he called California they said the letters should not have been sent and corrections were being sent out.
I tried the number on the notice and could not talk to a live person, but could get a bunch of recordings. Tried another number and was forwarded to someone who did not sound real good, but expressed the believe there were not any corrections going out on the original notices.
Has anybody got any information on this????
Another preparer says he had an LLC, filing as a partnership, who got the same type notice and when he called California they said the letters should not have been sent and corrections were being sent out.
I tried the number on the notice and could not talk to a live person, but could get a bunch of recordings. Tried another number and was forwarded to someone who did not sound real good, but expressed the believe there were not any corrections going out on the original notices.
Has anybody got any information on this????
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