GeorgeM777
Expert Alumni

Business & farm

@SueSC   Need some clarification.  Are you saying that if you enter 0 in the Question G box, you will get an error message preventing you from e-filing your return?

 

Additionally, on page 18 of the CA LLC Tax Booklet, the Franchise Board states the following:

 

"If Question 4a through Question 4c on federal Form 1065, Schedule B, are all answered “Yes” and the LLC has 10 or fewer members, the LLC is not required to complete Schedules L, M-1, M-2, or Item G on Side 1 of Form 568 or Item K on Schedule K-1 (568)."

 

Are we correct in assuming that the reason you are not required to file Schedule L, or Schedule M-3 is because, as noted in the above quote, questions 4a through 4c on your federal Form 1065, Schedule B are all answered with a "yes," and further that your LLC has 10 or fewer members?

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"