I have a client who has a single member LLC and has filed FORM 2553 to be taxed as an S-Corp. I plan to file an 1120S for FED purposes, but am wondering how to file the state return (CA) since there is only one member.
Would I include the SMLLC on Schedule C of their personal return that is somehow only taxable to California (since the FED side will be filed through the 1120-S)? Appreciate any feedback.
There is some workaround for a CA LLC filing as an S Corp re: account numbers. Can't remember if I saw it here, in the software help, or in CA 100S instructions. Maybe one of our CA colleagues can chime in.