Do I need to file a copy of Federal K-1 with CA540 state return?
This is a simple question. I received pass through income on Form 1065 K-1 from a TX LLC that derives income only from TX sources. This 1065 is filed only with the IRS, therefore CA does not get a copy of the partnership return. Does CA then require that I paper file a copy of my K-1 with my 540 return?
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1 Replies
WKins2
Expert Alumni
Feb 26, 2020 5:57:33 AM
Generally no, if you e-file your CA return and report the K-1 on it, you do not need to mail in a copy of the K-1. If you paper file your return, yes, you do need to include a copy of it with your return.