Missouri Based LLC is included in California Tax Return

Forum|Forum|1 year ago
July 1, 2024
1 reply
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Hello: I am using the Desktop version of TurboTax. I lived in California until August of 2023 and then moved to Missouri. I formed a Single Member LLC in MO in Oct of 2023. As a new startup, the LLC has minimal Revenues and Minimal expenses. My issue is that I cannot figure out how to keep the Single Member LLC from showing up on my California personal return. On my State of California Return, it assumes that the LLC is a CA LLC and it is automatically computing that I owe $800 to the Franchise Tax Board for owning an LLC.

How do I keep the MO LLC from showing up on my California Return? I don't live in CA and do not have any sales activities, sales, revenue or expenses that have anything to do with CA.

Please help me if you can.

TomD8

Alumni - Champ

On your part-year resident CA return, be sure you allocated zero business income to California. (On your Schedule CA (540NR), Section B, Line 3, Column E should be blank.)

If your LLC is not registered in CA and did no business in CA, the $800 fee would not apply.

**Answers are correct to the best of my ability but do not constitute tax or legal advice.