When is llc fee due in california

Anyways, would be greatly appreciated if you can get back to me ASAP. Great article. My husband is a truck driver, he does not own a truck — rather his employer hires him for his driving skills. Should my husband form an LLC or corporation?

Does he still owe franchise tax although he spends his time on the road between CA and IL? Thank you. How would fees if any be assessed if a company is a web only site and the developer lives in California? Updated October 07, Nothing in this article is to be taken as tax advice. It is all strictly informational. Table of Contents. Read post. October 13, Notify of.

Oldest Newest Most Voted. Inline Feedbacks. As a result, the state can only ask LLCs to pay fees based on revenues in California. Companies that overpaid on their taxes prior to this ruling should file a claim for a refund with the FTB. This is a tax for doing business in California. You can pay a prorated Annual LLC Franchise Tax if there are certain times during a calendar year when there's no business activity.

Some types of LLCs can pay a prorated tax as well. These types of businesses include:. You can also avoid the franchise tax fee if you form your LLC in another state and you don't do business in California or have any other connections there. Your first franchise tax fee is due on the 15th of the fourth month after your business was formed. After your first year, the annual due date is April 15th.

However, the fees for the first and second years could be due near the same time if your LLC formed close to the end of the year. This is an income-based fee and is filed using IRS Form Fees are as follows:. In subsequent years, it is due on June 15th. This may include:. The first Form filing is due on the 15th day of the fourth month after your LLC is established. Subsequent filings are due on April 15th of each year.

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