George4Tacks
Level 15
01-21-2023
09:41 AM
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State & Local > CA Miscellaneous > Final return 1=yes, 2=no [Override] Enter a 1
Also FYI:
Q. Cancelling a Limited Liability Company
In general, LLCs are required to pay the $800 annual tax and file a California return until the appropriate papers are filed. In order to cancel an LLC, the following steps must be taken:
- File a timely final California return (Form 568) with the FTB and pay the $800 annual tax for the taxable year of the final return.
- File Form LLC-4/7, Certificate of Cancellation, with the California SOS. The California SOS also requires a domestic LLC to file Form LLC-3, Certificate of Dissolution. Contact the California SOS for more details.
Answers are easy. Questions are hard!