johndepasquale
Level 1
12-07-2019
05:46 AM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
Last year ProSeries limited my client to one Sch. C SMLLC
My client has two Sch. C SMLLCs
Best Answer Click here
Labels
sjrcpa
Level 15
12-07-2019
05:46 AM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
There is no (or a very large) limit on the 1040. Might you be referring to some state filing limit such as CA?
The more I know the more I don’t know.
johndepasquale
Level 1
12-07-2019
05:46 AM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
Maybe the limit is with Calif.? I thought maybe ProSeries had a limit on Calif. SMLLCs filed with a 1040
sjrcpa
Level 15
12-07-2019
05:46 AM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
Yes it is a CA limit. One 568 per return.
The more I know the more I don’t know.
The more I know the more I don’t know.
Level 10
12-07-2019
05:46 AM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
in Tennessee, we can only file 1 LLC (single member), per 1040. And it has to be a Schedule C, ...Schedule F LLCs and additional Schedules C LLCs have to be filed on the state website, manually.
If an answer solves your issue, click on the "Accept as Solution" button! Makes it easier for people to find answers to similar questions that have already been posted.