Yes, you do need to file both forms.
Form 568 is a separate filing requirement specifically for your disregarded LLC and needs to be filed in California. TurboTax does allow you to prepare this form within the state interview section when preparing your state individual return. Make sure you print it out when you complete the section. TurboTax will prompt you to print it out so you can file it by mail.
You will also file Form 540 as a part of your individual income tax filing along with your federal income taxes. Your individual state return will be transmitted when electronically filing your federal individual income tax return.
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