Do I need form 540 add on top 1040 sche C,E and 568 for a single member LLC?

[Mybesttaxservice]

Tp is single member LLC for construction  in CA, I am aware of form 1040 sche C  and form 568.
On top he has rental income sche E (in CA also).
Please help :
Q: Is rental income (personal ) excluded on gross business construction receipt of form 568?
Q2. Do I need to file 540 form?
I appreciate all your support .

[Just-Lisa-Now- · Accepted solution]

You'll file the 1040, 540 and the 568.

If you marked the CA SMLLC box at the top of the federal form that is related to the LLC (either the Sch C or the Sch E), it should carry the proper figures over to the 568.

[Mybesttaxservice]

I appreciate you Lisa 

So should I exclude rental income (personal income  on sche E) from form 568? Because tp registered LLC for business construction only ? Because LLC fee is based on gross receipt range.

And tp registered LLC on May 2021, Can I combine both sole proprietorship and LLC in one total 2021. Is that OK?

In order, I file 1040, sche C, sche E . Next 568 and next 540. Is that good order?

Again, thank you for your response

[Just-Lisa-Now-]

Like I said, if you mark the box at the top of Sch C that its an SMLLC the correct income should auto flow to the 568.

How much income are we talking about for the construction, CA has a minimum LLC fee of $800 as long as your gross receipts are under 250k. If your gross receipts are over that, you'd want to use 2 different Sch Cs and separate out the LLC income to keep it below that 250K threshold...but if its not, I dont think you need to hassle with all that, its going to be $800 due for the LLC regardless.

You can Efile all 3 returns at the same time.

Be sure youve downloaded/installed the CA SMLLC module so its in your list of states to switch over to from the federal return.

[Mybesttaxservice]

I got it 

I appreciate you Lisa