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- Mar 5, 2011
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I formed an LLC in Sep 2010 - we have no customers, no revenue yet.
I'm trying to interpret the CA LLC Tax rules and was hoping someone could clarify for me.
From what I gather it appears I owe $800 for taxable year 2010 (its actually late now as it has been more than 4.5 months since we registered the LLC with SOS)
AND
I owe another $800 for taxable year 2011 due by April 15, 2011
This seems ridiculous to me that after only 6 months fo registering my LLC I owe 2 years of CA LLC tax?
I hope someone can help me out!
I'm trying to interpret the CA LLC Tax rules and was hoping someone could clarify for me.
From what I gather it appears I owe $800 for taxable year 2010 (its actually late now as it has been more than 4.5 months since we registered the LLC with SOS)
AND
I owe another $800 for taxable year 2011 due by April 15, 2011
This seems ridiculous to me that after only 6 months fo registering my LLC I owe 2 years of CA LLC tax?
I hope someone can help me out!