linkramer2
Level 1
‎10-14-2023 10:16 PM

Can I complete the 568 without K-1s?

A client has a SMLLC (as disregarded entity) with income reported on Form 568 going directly to Sch E.

I am only required to complete Form 568, Side 1, Side 2, Side 3 and Side 7 (IW), but I can't figure out how to get around K-1s.

I also want to create the Form 8453-LLC efile authorization for the person to sign.

I'm stumped.  Is there a work-around?

 

 

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Just-Lisa-Now-
Level 15
Level 15
‎10-15-2023 08:20 AM

There are no K-1s with a SMLLC 568, are you trying to use the 1065/565 program to generate the 568?

You should be using the CALLC program thats linked to the 1040, it should be a choice in your list of States when you switch from the Federal 1040 over to a state program.

 


♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪

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