eric1032
Level 2
11-12-2020
08:22 PM
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Newbie coming from Proseries. I know Lacerte can create CA SMLLC under Indivudal module. Can the same be done on Partnership Module? Only complete the form 568 and efile CA SMLL
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George4Tacks
Level 15
11-13-2020
10:36 AM
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I would help more but they just broke the search engine.
Here's wishing you many Happy Returns
George4Tacks
Level 15
11-13-2020
04:30 PM
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Sorry, I think I read the question incorrectly. The answer is yes, but why would a SINGLE MEMBER be filing using the partnership module? The 568 can be done for FREE with the 1040/540, but you likely would have to pay REP to use the Partnership module. https://proconnect.intuit.com/community/partnership/help/generating-partnership-ca-form-568-lines-6-...
Here's wishing you many Happy Returns
sjrcpa
Level 15
11-13-2020
07:59 PM
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@George4Tacks A partnership /LLC can own 100% of another LLC, or of many LLCs. Tiers (and tears)
abctax55
Level 15
11-14-2020
09:54 AM
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(and tears)
LOL 😂
#StandWithUkraine