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Level 3
January 28, 2025
Question

Delaware Partnership owns a Single Member LLC in California

  • January 28, 2025
  • 1 reply
  • 3 views

This is a new one for me.  I have a Delaware Partnership which owns a SMLLC in California.  I haven't had this situation before and am trying to file one return but also need to file the 568 in California.   Anybody have any ideas? I'm stumped!!

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    1 reply

    George4Tacks
    Level 15
    January 28, 2025

    Is there CA income? 

    Answers are easy. Questions are hard!
    SurfgolfAuthor
    Level 3
    January 28, 2025

    No income. Only the $800 annual fee

    George4Tacks
    Level 15
    January 28, 2025

    It might be simpler to  just prepare a pdf of the 568 and mail, but here goes with my best guess. I have never done this. 

    1. Profile add CA 

    2. Client information - Miscellaneous - type of entity Select 3

    3. Client information - State Information - Add Sec of St #

    4. For all entries, I think you will need to enter State, if different with -1 for CA. Possibly using DE as the entry for all items will suffice, that may be what is there before you start #1 above. 

    4. You likely will need to do other items once you create the 568 

    Answers are easy. Questions are hard!