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Should we file "California LLC return of income" or "California partnership return of income", if we file 1065 LLC (We're LLP) with Federal?

 
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1 Reply
JotikaT2
Employee Tax Expert

Should we file "California LLC return of income" or "California partnership return of income", if we file 1065 LLC (We're LLP) with Federal?

It depends.

 

 

If you have more than one partner and are operating as a partnership, you will need to file in California as a Limited Liability Partnership (LLP), not as a Limited Liability Company (LLC).

 

Form 1065 does not have a designation as a 1065 LLC, it is simply a 1065 form and it used to report the activity for either an LLC or an LLP.  Each partner's share of tax activity will be reported to them on a Schedule K-1.

 

In California, assuming this is a LLP, you would file using California Form 565, Partnership Return of Income.

 

CA Limited Liability Partnership filing

 

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