Can Turbo Tax assist with filing form 568 for LLC

[wrpetty]

Help to determine what is required for an LLC I just started but have not yet conducted any business. 

Thanks

Whitney 

[ColeenD3]

Form 568 is the Return of Income that many limited liability companies (LLC) are required to file in the state of California. 

What is Form 568?

Form 568 is something that business owners interested in forming an LLC frequently have questions about. Form 568 is the Return of Income that many limited liability companies (LLC) are required to file in the state of California. LLCs classified as a disregarded entity or partnership are required to file Form 568 along with Form 3522 with the Franchise Tax Board of California.

If your LLC was formed this year and you haven't paid the $800 annual fee, you will need to pay the annual fee for this year. You will need to pay another $800 fee for the following year when you file Form 568. The $800 fee you pay for the following year is just an estimated payment.

Your LLC in California will need to file Form 568 each year.

The LLC Fee and Franchise Tax will be taken into consideration. However, you cannot use Form 568 to pay these taxes