gloriah5200
Expert Alumni

State tax filing

The State of California Franchise Tax Board says that if an S-Corp elected LLC is filing taxes for the first time it can do one of the followings:

1) File state taxes as LLC and attach the S corp election document 

2) File state taxes as S corp, enter all zeros, ones or nines into the CA corp ID field and attach the IRS S corp election acceptance letter

 

The board will send you a CA corporate id to use during next year's filing.

 

So, as you can see, the CA corporate # is required, so if this is not your first year of filing the CA 100S, then you may need to call CA FTB to get a CA  corporation #.

 

CA FTB says that an S corporation is a corporation that elects to be taxed as a pass-through entity.

 

A CA Corporation is required to have a corporation #.

 

If you make an election for your LLC to be taxed as an S corporation, then you take on all the requirements of an S corporation for tax purposes.