My CA LLC which is treated as an S-corp dissolved at the end of February. Will they need to pay the entire $800 CA franchise tax when filing the final year return, which only covers 2 months?
This discussion has been locked. New comments cannot be posted on this discussion anymore. Start a new discussion
Actually, I'd say 'no', depending on which one of the questions is being answered (the header q, or the q in the body)
See the attached links which addresses your question on short period Calif franchise tax:
https://www.ftb.ca.gov/forms/misc/1060.html
https://www.ftb.ca.gov/file/business/types/corporations/s-corporations.html
You have clicked a link to a site outside of the Intuit Accountants Community. By clicking "Continue", you will leave the community and be taken to that site instead.