Business & farm

Here is an excerpt from Terry A.

You said you "marked" a business as SMLLC, but be sure by Editing your TT/Calif business and there is a screen Is <name> owned by a single member LLC?. Click Yes. That activates the Form 568 and populates it with as much information from the Calif Sch C Worksheet as it can.

That's in TT/Calif - Edit your business - you have to "go" to your business in TT/Calif. The screen is down that Step-by-Step path.

From TonyG

#3626491

Here is what I found about form 568.

 1. to enable TT to create a form 568 for you, go to (instructions for Desktop on Mac, they are similar for the online version).
  > state taxes > california  edit > income and adjustment  edit > business profit and loss adjustment  revisit > principal business  edit > yes

 2. the state of california requires to e-file, yet TT does not efile 568. Therefore you need to request a waiver at  https://www.ftb.ca.gov/professionals/busefile/Business_eFile_Waiver_Request.asp">https://www.ftb.ca....> and enter  technical limitations

 3. print and mail 568.