LLC annual tax for initial CA 568 is waived

[GQ]

The California Franchise Tax Board updated the rule that the LLC annual tax is not required for entities formed on or after 1/1/2021. When I marked the CA 568 as initial on the worksheet, the form still generate an annual tax of $800. When I override by entering a "-1", there is a critical diagnostic came out.

Is there a way to waive it?

[Strongsilence-CPA]

LC has not updated the software yet.  See the thread from Friday.

Why is your consent date 3/23/2021?   I've understood that the consent date is the date the single member signs the form 568.  

[GQ]

Thank you for the answer. I will keep watching Lacerte. For the consent date, the screenshot is not a real return, I just randomly put in the information to test the LLC tax.