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Get your taxes done using TurboTax
Filing requirements
You must file a Partnership Return of Income (Form 565) if you're:
- Engaged in a trade or business in California
- Have income from California sources
- Use a Pass-Through Entity Ownership (Schedule EO 568) to report any ownership interest in other partnerships or limited liability companies.
- If you have income or loss inside and outside California, use Apportionment and Allocation of Income (Schedule R) to determine California source income
Partners
Each partner must use a Partner's Share of Income Deductions, Credits, etc. (Schedule K-1 565) to report share of partnership’s income, deductions, credits, property, payroll, and sales.
General partnerships do not pay annual tax; however, limited partnerships are subject to the annual tax of $800.
For additional information, refer to the following link:
CA FTB info on partnership return filing
You may need to delete the Form 568 and file Form 565 instead since it does calculate the $800 annual tax along with filing the CA partnership return information
March 7, 2021
2:54 PM