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HOPE2
Level 7
December 12, 2023
Question

LLC SINGLE MEMEBER REGISTERED AS OUT-OF-STATE IN CALIFORNIA

  • December 12, 2023
  • 2 replies
  • 14 views

Hi. My new client established his LLC single member in Colorado and live in California as of July. He registered foreign (out-of-state) LLC in California. I want to file his 568 form in California. All income generated in California. For Colorado, do not need to file LLC ( file Sch C) but for California should file 568. My question is what part of California's 568 should enter it is Foreign (out-of-State)? 

I am hoping someone can help me.

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2 replies

Just-Lisa-Now-
Intuit Community Champion
December 12, 2023

Im not sure they really care, as long as they get their money...it might be one of the umpteen questions on the 568, they will all flag red until you answer them all.   

If you check the box at the top of the Sch C, that its a CA SMLLC it will transfer the info over to the 568 for you.

♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
Level 10
December 13, 2023

umpteen questions on the 568, they will all flag red until you answer them all.

Concise, accurate and correct. Deserves high accolades, like SOLVED!

George4Tacks
Level 15
December 13, 2023

I think you may want to file Colorado. Do some research at https://tax.colorado.gov/business-income-tax   and https://tax.colorado.gov/sites/tax/files/Income%20Tax%20Nexus%20Soliciting%20Sales%20General%20Information%20Letter%20GIL%2013-021_1.pdf

I know CA would come after a CA LLC. regardless of where they are. 

Answers are easy. Questions are hard!
HOPE2
HOPE2Author
Level 7
December 14, 2023

Thanks