I am a California resident. We opened an LLC with Wyoming end of last year. I need to file taxes for this entity. Will I be filing a return for two states in this case? I have not registered this LLC in California as a foreign LLC and am ready to dissolve it.
You'll need to sign in or create an account to connect with an expert.
There is nothing for you to file in Wyoming. Wyoming has no individual or corporate income tax.
I have made a little income so how do I report this. Do I report this in California where I reside.
Yes. Your resident state can tax all your income, regardless of where you earn it.
Still have questions?
Make a postAsk questions and learn more about your taxes and finances.
jk0906
New Member
gunkiran1
New Member
leahcate1976
New Member
brian851
New Member
jonofthefunk
New Member
Did the information on this page answer your question?
You have clicked a link to a site outside of the TurboTax Community. By clicking "Continue", you will leave the Community and be taken to that site instead.