Question
CA 568 K-1, Disregarded Entity
The California K-1 for an LLC filing a 568 seems to have the opposite information on the client name and disregarded entity lines from federal. I don't think this makes sense?
The federal K-1 shows the client name (which is a disregarded entity) in box F. Then on line H2, it shows the name of the person who's return it will be filed on. I1 is Disregarded Entity.
The California K-1 shows the name of the person who's return it will be filed on at the top of the K-1 (where the owner name goes), and the disregarded entity name (actual owner) in 11b, DE owner's name.
Is this right? Is seems backwards. The federal K-1 seems consistent with the terms used on the form, while the CA K-1 does not.
