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Self employed
Hi elizamora,
Quote
This bill, for taxable years beginning on or after January 1, 2020, and before January 1, 2024, in which a specified appropriation is made in any budget measure, would exempt a limited partnership, a limited liability partnership, and limited liability company that files, registers, or organizes to do business in this state, as provided, from the payment of the annual tax in its first taxable year.
Unquote
https://leginfo.legislature.ca.gov/faces/billTextClient.xhtml?bill_id=201920200AB85
I recommend you contact the CA FTB via the phone number on the letter regarding exemption if this is your business first taxable year.
Hope the above helps.
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‎October 27, 2021
11:07 AM