Welcome back! Ask questions, get answers, and join our large community of tax professionals.
- Topics
- Training
- Community
- Product Help
- Industry Discussions
- User Groups
- Discover
- Resources
In anticipation of the upcoming Exempt Org and Texas Franchise deadlines (5/15), we've compiled a list of the most common questions here.
In anticipation of the upcoming Exempt Org and Texas Franchise deadlines (5/15), we've compiled a list of the most common questions here.
Turn on suggestions
Auto-suggest helps you quickly narrow down your search results by suggesting possible matches as you type.
Showing results for
- Intuit Accountants Community
- :
- ProSeries Tax
- :
- ProSeries Tax Discussions
- :
- CA SMLLC revenue taxed both on 540 and 568
CA SMLLC revenue taxed both on 540 and 568
Options
- Mark Topic as New
- Mark Topic as Read
- Float this Topic for Current User
- Bookmark
- Subscribe
- Printer Friendly Page
Gibbo
Level 1
04-13-2022
04:50 PM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
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
Labels
1 Comment 1
Just-Lisa-Now-
Level 15
04-13-2022
05:28 PM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
That $800 is an annual LLC fee, not a tax.
♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
