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Generating CA Form 568 in the partnership module of ProConnect Tax

by Intuit•1• Updated 2 months ago

This article will review options for generating the Form 568 and payment lines 8, 10, and 11 on CA Form 568, Limited Liability Company Return of Income.

Before you begin

ProConnect Tax automatically includes CA Franchise LLC tax of $800 on line 8. For information on why this is automatic and how to suppress it, see below.
Line 8 also includes payments made with Form 3537 (Extension) and Form 3536 (Estimated Fee for LLCs).

To generate the CA 568 instead of the CA 565:

Go Input Return ⮕ General ⮕ Client Information.
Scroll down to the Miscellaneous Info section.
In the Type of Entity field, select 3=Limited Liability Company.
Go to Input Return ⮕ Partner Information ⮕ Partner Information.
Enter the single member's information.
Go to Input Return ⮕ State & Local ⮕ CA Miscellaneous Information.
Scroll down to the Single Member LLC Information section.
Check the box Single member LLC.
Enter the SOS file number.
Select the appropriate return in Return filed with FTB by owner (Click on arrow to select from list).

To generate Form 568, line 8 for Estimated Fee Paid with 20YY Form 3536

Go to Input Return ⮕ State & Local ⮕ Miscellaneous Information ⮕ CA Miscellaneous Information
Scroll to the Limited Partnership Tax/LLC Annual Tax/Administrative Adjustment section.
Enter the amount in 20YY LLC Fee paid with Form FTB 3536.

To generate Form 568, line 10

Go to Input Return ⮕ State & Local ⮕ Miscellaneous Information ⮕ CA Miscellaneous Information
Scroll to the Limited Partnership Tax/LLC Annual Tax/Administrative Adjustment section.
Enter the amount in either:
- Overpayment from a prior year credited to tax, or
- Overpayment from a prior year credited to fee

To generate Form 568, line 11 for withholding from Form 592-B

Go to Input Return ⮕ State & Local ⮕ Miscellaneous Information ⮕ California Form 592-B
Enter the Withholding Agent information from Form 592-B received by the partnership.
Enter the tax withheld in Input Return ⮕ Tax Withheld ⮕ Total California tax withheld (excluding backup withholding

For withholding Form 593

Go to Input Return ⮕ State & Local ⮕ Miscellaneous Information ⮕ California Form 592-B
Enter the Withholding Agent information from Form 593 received by the partnership.
Enter the tax withheld under Input Return ⮕ Escrow or Exchange Information ⮕ Amount withheld.

If the LLC was withheld upon by another entity, it can allocate the entire withholding credit to all of its members or claim a portion on line 11 (not exceeding the total tax and fee due) and allocate the remaining portion to its members.
If the LLC claims any of the amount withheld, attach Form 592-B or Form 593, Real Estate Withholding Tax Statement to the LLC return. The LLC must file Form 592 or 592-F and Form 592-B to allocate any remaining withholding credit to its members. For additional information, refer to FTB Pub 1017.

To suppress the automatic $800 Franchise Tax on CA Form 568, line 8

Go to Input Return ⮕ State & Local ⮕ Miscellaneous Information ⮕ CA Miscellaneous Information
2. Scroll to the Limited Partnership Tax/LLC Annual Tax section.
Enter a -1 in Form 568 20YY FTB 3522 payment [Override].

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