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Turbotax creating a California LLC for rental income
We rented out a cottage on our property in 2020, and TurboTax properly logged the income and expenses. We did not create an LLC for this - it was just another part of our income.
However, when generating the California state return, TurboTax created an LLC (out of nowhere) with the same income and expenses. Now TurboTax is asking me for the LLC's name, CA tax ID, etc. but I never created one in the first place, so I'm stuck.
Why is TurboTax creating an LLC where there was none on the federal return? How do I get past this?
Thanks...
March 22, 2021
10:33 AM