YKubis
Level 3
03-02-2024
07:32 PM
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Hello,
It is my understanding that the FTB doesn't require taxpayer to pay the annual fee of $800 for the initial return of a corporation. I have 2 new S and C Corporations, and for both the system showed that they need to pay the annual fee plus late fee. How can I fix that?
Thanks
Best Answer Click here
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abctax55
Level 15
03-02-2024
08:29 PM
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Lacerte (PTO's big sister) has a box to check for "initial year". Look for that in PTO.
HumanKind... Be Both
abctax55
Level 15
03-02-2024
08:59 PM
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YVW
I also suggest you subscribe to Spidell (aka Caltax.com). It's 'the' go-to for all things CA Tax). You do have to register now (due to excessive spam a few years ago).
HumanKind... Be Both
