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- How to Input California Relief Grant on Form 568 (LLC) for Proseries Tax
How to Input California Relief Grant on Form 568 (LLC) for Proseries Tax
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JD8899
Level 1
04-22-2022
03:06 PM
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Hello, if anyone can provide some help I would greatly appreciate it!
Does anyone know how to input California Relief Grant on Form 568 for Proseries Tax? I know it is considered taxable income for federal but since the amount is carried over to state, anyone has any advice on how to subtract this amount out on Form 568 (CA State)? Any help is greatly appreciated! Thanks in advance.
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Just-Lisa-Now-
Level 15
04-22-2022
03:26 PM
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I dont see a specific place for it like there is on the 540, I guess you can write it in on Page 4, Sch B, Line 11....is the income high enough that it will make a difference in balance due on the 568?
♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
JD8899
Level 1
04-22-2022
04:59 PM
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Thank you! Have a wonderful weekend
