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Business & farm
ScottT,
Thanks for your response. Do you know if the TurboTax Business version helps you fill out the 568 form by helping you properly answering the questions for they are worded very vague and unclear on what they are actually asking you for and I know if we answer the questions incorrectly they can slap on extra fees for us?
Another user was asking if the LLC had a bunch of start up costs and overhead so the profit was zero how to properly report that on the 568 form for again it looks like there were not areas or questions asking about the deductions/overhead/start up costs on the form?
I am too in a similar situation as I just found out that my former CPA did not even file my 568 forms for the last few years at all so the State Board contacted me and thats how I even found out. So now I have to go back 4 years and fill all those 568 forms out for each year!