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Level 2
April 22, 2022
Question

How to Input California Relief Grant on Form 568 (LLC) for Proseries Tax

  • April 22, 2022
  • 1 reply
  • 11 views

Hello, if anyone can provide some help I would greatly appreciate it! 

Does anyone know how to input California Relief Grant on Form 568 for Proseries Tax? I know it is considered taxable income for federal but since the amount is carried over to state, anyone has any advice on how to subtract this amount out on Form 568 (CA State)? Any help is greatly appreciated! Thanks in advance. 

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1 reply

Just-Lisa-Now-
Intuit Community Champion
April 22, 2022

I dont see a specific place for it like there is on the 540, I guess you can write it in on Page 4, Sch B, Line 11....is the income high enough that it will make a difference in balance due on the 568?

♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
JD8899Author
Level 2
April 22, 2022

Thank you! Have a wonderful weekend