Skip to main content
June 14, 2024
Question

How to file taxes with an out of state LLC

  • June 14, 2024
  • 1 reply
  • 0 views

I am a California resident. We opened an LLC with Wyoming end of last year. I need to file taxes for this entity. Will I be filing a return for two states in this case? I have not registered this LLC in California as a foreign LLC and am ready to dissolve it.

    1 reply

    Employee
    June 15, 2024

    There is nothing for you to file in Wyoming.  Wyoming has no individual or corporate income tax.

    **Answers are correct to the best of my ability but do not constitute tax or legal advice.
    PK9999Author
    June 15, 2024

    I have made a little income so how do I report this. Do I report this in California where I reside.

    Employee
    June 15, 2024

    Yes.  Your resident state can tax all your income, regardless of where you earn it.

    **Answers are correct to the best of my ability but do not constitute tax or legal advice.