I'm a one member LLC. I filed a 1040 and pay taxes. Do I still owe the State Of Calif. Franchise Tax Board $800.00? Also, I already filed my taxes using Turbo Tax , if I owed the $800.00 would it have been paid when filing my taxes?
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@CRSEJS wrote:
I'm a one member LLC. I filed a 1040 and pay taxes. Do I still owe the State Of Calif. Franchise Tax Board $800.00?
Yes.
See https://www.ftb.ca.gov/file/business/types/limited-liability-company/index.html
@CRSEJS wrote:
....I already filed my taxes using Turbo Tax , if I owed the $800.00 would it have been paid when filing my taxes?
Did you prepare the voucher and pay the $800?
see this link. some versions do others don't.
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