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State tax filing
The $800 fee is correct. In reading this Turbo Tax post written by GeorgeM777, you would have been required to pay a LLC franchise fee in 2021 within 2-3 months after you formed your LLC. You would need to pay again on April 15, 2022. This resulted in back-to-back payments, which provided a hardship for LLC business owners that formed their LLC in the last quarter of the tax year. This was the result of Assembly Bill 85.
So to avoid this double payment, California waived the first year fee that was to be paid in 2021 but you are expected to pay this $800 because this will apply to the 2022 tax year and not for 2021. After this, the $800 franchise fee will be due every year by the tax filing deadline.
Check your return to make sure that only the $800 fee that is due April 15 is the only fee being reported instead of $1600, $800 for 2021 and $800 for 2022.
@firebytes
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