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October 1, 2024
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If my residency is in California and my LLC is registered in Texas, do i Have to pay income tax in California

  • October 1, 2024
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Best answer by Anonymous_

As a resident of California, the state is going to tax you on all of your income, regardless of the state in which it is earned, whether you receive it via a K1 (1065) or directly from a single-member LLC.

1 reply

Employee
October 1, 2024

As a resident of California, the state is going to tax you on all of your income, regardless of the state in which it is earned, whether you receive it via a K1 (1065) or directly from a single-member LLC.