California Form 568 Forced Upon Me - I no longer have LLC

Forum|Forum|2 years ago
April 12, 2024
1 reply
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If anyone can help me figure this out, I'd appreciate it. I used to have LLCs in prior years that I used Turbo Tax. In 2023, I worked as a sole proprietor (ebay seller) without LLCs. Turbo Tax is forcing me to fill out form 568 for 2023 and I can't figure out how to remove it.

Best answer by PatriciaV

If you no longer have LLCs, you should report that the businesses closed in the federal taxes section to eliminate Schedule C for those businesses. This should remove the businesses from your California state tax return as well as any Forms 568.

For your current Schedule C business, follow these steps to confirm you have reported the business is not a SMLLC:

Open your return and click on State Taxes.
On the California Taxes page, click Edit beside Income and adjustments.
Under Business, click Start/Revisit beside Business Profit or Loss Adjustment.
Click Edit beside the business that's creating Form 568.
Click "NO" that this business was not owned by a Single Member LLC.
If necessary, delete any remaining Forms 568 from your forms list.
How do I view and delete forms in TurboTax Online?
How do I delete a tax form in the TurboTax CD/Download software?

PatriciaVAnswer

Employee

For your current Schedule C business, follow these steps to confirm you have reported the business is not a SMLLC:

Open your return and click on State Taxes.
On the California Taxes page, click Edit beside Income and adjustments.
Under Business, click Start/Revisit beside Business Profit or Loss Adjustment.
Click Edit beside the business that's creating Form 568.
Click "NO" that this business was not owned by a Single Member LLC.
If necessary, delete any remaining Forms 568 from your forms list.
How do I view and delete forms in TurboTax Online?
How do I delete a tax form in the TurboTax CD/Download software?