I formed a Single Member LLC in California in 2021. When I fill out form 568 in Turbotax, the annual LLC tax line 3 is auto-filling with $800 and I cannot override it. I believe the correct answer for first year LLC's established in 2021 is $0. How to address this?
Exemption Reference: FTB site: https://www.ftb.ca.gov/forms/2021/2021-568-booklet.html
"Exemption from First Taxable Year Annual LLC Tax – For taxable years beginning on or after January 1, 2021 and before January 1, 2024, an LLC that organizes, registers, or files with the Secretary of State to do business in California is exempt from the annual LLC tax in its first taxable year."
