How would you file single member LLC return in CA?

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  • Tax Advisors
    Junior Member
    • Jan 2011
    • 13

    #1

    How would you file single member LLC return in CA?

    Should it be a disregarded entity on Federal (Schedule C) and LLC Form 568 for CA?
  • SFBOB
    Senior Member
    • Dec 2006
    • 162

    #2
    Yes and it will cost you $800.00 Bucks a year

    Call 1-916-845-7057 Franchise Tax Board if you wish to confirm timing and possible penalties for late filing.

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    • neallove
      Member
      • Jan 2008
      • 35

      #3
      Neal

      Schedule C or E

      You also have to file the LLC with the state of CA Form 568. The annual fee is $800

      You can file on line

      Comment

      • dsi
        Senior Member
        • Dec 2005
        • 705

        #4
        As it has been said:
        1. FTB form 568 for CA and this will cost your client $800 minimum tax
        2. Fed form C or E or F or whatever you would normally file for this type of business
        3. CA form 540 as well. Also, remember to back out the $800 from the CA 540, it is not deductible.
        Dave, EA

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