I have a small LLC business. I understand I need to fill out Form IT204-LL and pay a $25 fee by March 15th. Is form IT204-LL included with Home & Business software?

Forum|Forum|1 year ago
March 1, 2025
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I need to know if using the Home & Business software I bought will cover the filing of the required IT204-LL and the $25 cost or if I need to fill out the form and send it in to the IRS along with the payment.

MonikaK1

No, Form IT-204-LL is not supported by TurboTax for Individual products such as Home and Business. It is available on TurboTax Desktop products for TurboTax Business.

A single-member LLC (SMLLC) treated as a disregarded entity for federal income tax purposes is treated as a disregarded entity for New York tax purposes.

If the SMLLC is disregarded and the single member is an individual, the SMLLC is treated as a sole proprietorship for New York tax purposes.

New York imposes an annual state filing fee on typical SMLLCs (with the default tax status of disregarded entity). The amount of the filing fee varies depending on the SMLLC's gross income sourced from New York in the immediately preceding tax year.

See this New York DOR webpage for options for filing Form IT-204-LL.

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timb1988

will turbotax have this form? we are supposed to be required to e-file it but if our e-file software doesn't support it do we need to change to a different program or do we need to send a paper check?