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Single Member LLC with Sub-S election

martinmilas
Level 2

Hello,

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. 

Thanks,

Marty

 

 

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5 Replies 5
sjrcpa
Level 15

It's an S Corp for CA, too.


ex-AllStar
martinmilas
Level 2

Wouldn't he need a California Corporation number? It was initially setup as an LLC in California.  I appreciate your assistance.  

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sjrcpa
Level 15

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.


ex-AllStar
George4Tacks
Level 15

I would try the 2nd on this list of practitioner contact numbers. 

Tax Practitioner Hotline(916) 845-7057
Open weekdays, 8 AM to 5 PM

e-file Help Desk
(916) 845-0353
Open weekdays, 8 AM to 5 PM


ex-AllStar
qbteachmt
Level 15

Read this: https://www.ftb.ca.gov/file/business/types/corporations/s-corporations.html

 

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