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- CA SMLLC revenue taxed both on 540 and 568
CA SMLLC revenue taxed both on 540 and 568
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Gibbo
Level 1
04-13-2022
04:50 PM
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The SMLLC for federal purposes is taxed on Sch C
For CA purposes, the SMLLC is taxed on the form 568
is the same income that is taxed on the 568 taxed on the 540
which would be double taxation
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Just-Lisa-Now-
Level 15
04-13-2022
05:28 PM
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That $800 is an annual LLC fee, not a tax.
♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
