Thursday, March 7, 2013

Q&A: 8. How do I file LLC California Form 568 to pay 800 annual LLC tax in turbo tax??

Question by MktgSavvy: 8. How do I file LLC California Form 568 to pay 800 annual LLC tax in turbo tax??

Best answer:

Answer by me
You need to use either the TurboTax Business State CD, or download TurboTax Business State (LLC) – CA from Intuit’s website. Form 568 is not considered a personal tax form and is excluded from the regular, personal versions of TurboTax. It is misleading as the Home & Business edition says: “If you are a sole proprietor, consultant, 1099 contractor, or single-owner LLC, choose Home & Business.” You’d have thought that would cover the LLC filing requirements, but it does not.
Also, you need to install TurboTax Business for Federal Returns before you use the Business State.

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Q&A: 8. How do I file LLC California Form 568 to pay 800 annual LLC tax in turbo tax??

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