The individual module is used for SMLLC filings of a disregarded entity. The IRS wants the income reported on Sch C, CA wants a partnership return on form 568. These business owners qualify for the pass-through entity tax credit, however, there are no inputs in the individual module for CA form 3893 to allow current or estimated payments.
The partnership module has it available, but it forces the filing of a IRS form 1065, against their guidance for disregarded entities and changes income reporting from SCH C to SCH E pg 2
Please bring the functionality of the partnership module to the individual module with respect to the pass-through entity tax payments and automate it to roll-forward year after year. There are quite a few returns for SMLLC, disregarded entities that this applies to.
Thanks for the idea to bring the functionality of the partnership module to the individual module with respect to the pass-through entity tax payments and automate it to roll-forward year after year. . We are changing the status to "Open for voting".
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