ToddL99
Expert Alumni

State tax filing

@dkaufman

 

Here is the process to create CA Form 568 in TurboTax Home & Business (MAC):

 

1. Go to the Forms View and select Open Form.

 

2. Select the California Individual list and enter "568" in the Search window.

 

3. If the 568 was already started, you will have the option of selecting/opening it.

 

4. If there isn't a 568 in your file, select "Create a new Copy" - the program will show the Schedule C's in your return and you can select it there. The program will

    create a new Form 568 for that Schedule C. When I did this, the 568 was blank - don't worry , that will change.

 

5. Once you have a Form 568 started, go through the CA state interview until you get to the screen "Here's the Income California taxes differently".

 

6. Go down to the Business section of this screen and either Start or Revisit the Business Profit or Loss Adjustment.

 

7. On the next screen, select the business that you chose when you created the 568 (above, step 4.). 

 

8. The succeeding screens ask if the business is owned by a a Single-Member LLC. Answer Yes.

 

9. The following screens show the 568 populated with what was on the Schedule C. My sample screen has a lot of blanks because I left out a lot of information to

    speed up the trouble-shooting process. Also, the Schedule C interview in federal doesn't ask the questions that CA needs answering. You won't get a K-1 for a

    Schedule C.

 

10. Somewhere above (probably step 8.), Form 3522 was also created.

 

The following screens provide a sample of what these interview screens look like, to aid you in navigation.