knowyourrole
Level 3
02-06-2024
12:53 PM
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CA SMLLC has elected S Corp status for Federal. CA S Corp return must then be filed, correct? Or can the CA LLC return still be filed (not electing S corp status for state). I am thinking state has to conform with the federal election but wanted anyone with state expertise to confirm.
Thank you.
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sjrcpa
Level 15
02-06-2024
01:00 PM
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CA conforms to federal S status.
I believe there are only a couple of states where you make a separate S election. NJ is one.
The more I know the more I don’t know.
knowyourrole
Level 3
02-06-2024
01:05 PM
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Thank you!
Accountant-Man
Level 13
02-06-2024
09:03 PM
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Yep for NJ.
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