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Updated over 5 years ago on . Most recent reply presented by

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Isaac Harjono
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California Resident with Out of State LLC. Do I Need Form 568?

Isaac Harjono
Posted

Hi BP!

I am a California resident and I have an LLC in Indiana for my rental properties where I am the only member. This is my first year having an LLC and filing out of state. I was wondering if I need form 568 for tax purpose when I file in California?

Thank you!

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Eamonn McElroy#5 Tax, SDIRAs & Cost Segregation Contributor
  • Accountant
  • Atlanta, GA
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Eamonn McElroy#5 Tax, SDIRAs & Cost Segregation Contributor
  • Accountant
  • Atlanta, GA
Replied

@Isaac Harjono

As @Christopher Smith noted, California paints with an extremely broad brush regarding what it deems to be "doing business" in California.

If you are a California resident and managing-member of the LLC, the LLC will almost certainly have a California Form 568 filing obligation even if it is organized in another state and has no California source sales, property, or payroll. You should be prepared to pay the $800 annual California LLC tax.

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