Can I get a CA Form 568 marked as final without the 1065 being final?

Forum|Forum|3 years ago
January 21, 2023
1 reply
5 views

We have a Texas LLC that sold its CA property and will not longer being doing business in CA. I marked the Final box in CA Miscellaneous Information but the CA Form 568 does not show as final unless I mark the 1065 as final also.

ProConnect Tax

This topic has been closed for replies.

George4Tacks

Level 15

State & Local > CA Miscellaneous > Final return 1=yes, 2=no [Override] Enter a 1

Also FYI:

Q. Cancelling a Limited Liability Company

In general, LLCs are required to pay the $800 annual tax and file a California return until the appropriate papers are filed. In order to cancel an LLC, the following steps must be taken:

File a timely final California return (Form 568) with the FTB and pay the $800 annual tax for the taxable year of the final return.
File Form LLC-4/7, Certificate of Cancellation, with the California SOS. The California SOS also requires a domestic LLC to file Form LLC-3, Certificate of Dissolution. Contact the California SOS for more details.

Answers are easy. Questions are hard!