YOLOTaxes
Level 3

I have a client that has started an LLC, effective June 1. They were operating as a general partnership, and now hve formed the LLC, taxed as a partnership, for the liability coverage purposes. 

The instructions to the 565 form specifically address this situation and say two forms will need to be filed. 

In CA an LLC files form 568 - LLC return, and a partnership files form 565. Any one have a good idea on how best to do this in Lacerte? Is there an option in the program I am not seeing to help me with this, or do I need to create multiple clients in Lacerte and split things up. I bet this will be a paper filed return this year too. hhhmmm..... thoughts? 

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