topic CA form 568 for more than one SMLLC in Business & farm

CA form 568 for more than one SMLLC

flyday2022 — Thu, 13 Feb 2025 00:44:47 GMT

Hello, I have two SMLLC and would like to seek advice on what I need to do this year for filing the CA 568 properly. Last year I have only one SMLLC and I was able to efile 568. This year, I have two SMLLC. I heard that Turbotax does not support more than 1 SMLLC. My questions are:

1.what is the option I have? Should I efile one 568 and paper mail the 2nd 568?

2. will the Turbotax allow me to prepare two form 568, even if it can only efile one?

3. any alternative that would allow me to efile the 2nd 568? such as separate service?

4. anything I need to pay attention to not to screw up the tax return since efile 568 is part of Fed and State return?

Thanks. Your suggestions and advices are highly appreciated.

PS: I use TT premium online and can get desktop version too.

Re: CA form 568 for more than one SMLLC

PatriciaV — Thu, 13 Feb 2025 19:40:40 GMT

Yes, because TurboTax will create and e-file only one Form CA-568, you will need to mail the second form.

If you're using TurboTax for Desktop, you can create as many Forms CA-568 as you need, but only one can be e-filed. The mailing instructions for this form should be included with the forms in your state return.

The State of California’s Franchise Tax Board will allow you a waiver of the e-filing requirement based on a few reasons, and due to technology constraints of the software you are using.

Go here: https://www.ftb.ca.gov/professionals/busefile/Business_eFile_Waiver_Request.asp and request an e-file waiver so that you can paper file this form since the software version you are using doesn't support e-filing.