Gibbo
Level 1
04-13-2022
04:50 PM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
The SMLLC for federal purposes is taxed on Sch C
For CA purposes, the SMLLC is taxed on the form 568
is the same income that is taxed on the 568 taxed on the 540
which would be double taxation
Labels
Level 15
04-13-2022
05:28 PM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
That $800 is an annual LLC fee, not a tax.
♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪