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

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Leo Hurtado
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Out of State tax for a new LLC

Leo Hurtado
Posted

can some guide me in the right direction? I just started an llc in texas and im  in california/ do any of you know if I need to file as out of state or as if I live in texas?

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David Disraeli
  • Financial Advisor
  • Cedar Park, TX
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David Disraeli
  • Financial Advisor
  • Cedar Park, TX
Replied

I have done considerable research on this exact scenario.  If you are a resident of CA and file a state tax return, you are required to pay the $800 minimum CA franchise tax. A local CPA may have suggestions on this question.  

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