mhlester
Level 3
12-17-2020
06:48 PM
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Hi, all,
Is it possible to generate Form 568 for California SMLLC owned by a testamentary trust from the fiduciary module?
If not, can how can I prepare Form 568 through Lacerte?
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George4Tacks
Level 15
12-19-2020
01:17 PM
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You can answer the first question by going to the Forms view and looking to see if the 568 is there. It is not, so you can not do the 568 in the Fiduciary
To e-file, you would have to do a partnership return and generate the 568 in it. Screen 1 check the box for CA only. Alternatively do it on paper via pdf form from the CA website and mail it. You would need to request an e-file waiver https://www.ftb.ca.gov/tax-pros/efile/business-eFile-waiver-request.asp
Here's wishing you many Happy Returns
