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California Form 568 Help

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    #1

    California Form 568 Help

    Hey guys, I need a little clarification.

    For a Single Member LLC, it’s reported onto the Schedule C for Federal Tax Return but for California, does the taxpayer pay income tax on LLC income on California income tax return then pay the LLC Annual fee on Form 568 ? Im a bit confused and any help is appreciated. Thank you.
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    #2
    "does the taxpayer pay income tax on LLC income on California income tax return then pay the LLC Annual fee on Form 568"

    Yes.
    "You said it, they'll never know the difference. Come on, we'll paint our way out!" - Moe Howard

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