Solved: Box to check for closing LLC (Federal & California)
Sign Up

Why sign in to the Community?

  • Submit a question
  • Check your notifications
or and start working on your taxes
Announcements
TurboTax has you covered during Covid. Get the latest second stimulus info here.
cancel
Showing results for 
Search instead for 
Did you mean: 
New Member

Box to check for closing LLC (Federal & California)

I'm looking for the a box that needs to be checked indicating the final year on the federal and state form to close my LLC. Do you know what form it is on?
1 Best answer

Accepted Solutions
Level 7

Box to check for closing LLC (Federal & California)

For the Calif Form 568, check the box in line H2 in the TT/Calif 568 page 1 screen in the Additional Information for Scanband Smart Worksheet.

The federal Final Return checkbox depends on the entity: partnership, S corp, whatever you are using. If it's a Schedule C business then Edit the Business in TT/federal and look for something related to Disposition.

View solution in original post

1 Reply
Level 7

Box to check for closing LLC (Federal & California)

For the Calif Form 568, check the box in line H2 in the TT/Calif 568 page 1 screen in the Additional Information for Scanband Smart Worksheet.

The federal Final Return checkbox depends on the entity: partnership, S corp, whatever you are using. If it's a Schedule C business then Edit the Business in TT/federal and look for something related to Disposition.

View solution in original post

Dynamic Ads
v
Privacy Settings