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The $800 usually mentioned is actually the yearly minimum tax for an LLC in CA. From the LLC-1 form: "Filing Form LLC-1 will obligate most LLCs to pay an annu
by cag_ii 10y ago
The $800 usually mentioned is actually the yearly minimum tax for an LLC in CA.
From the LLC-1 form:
"Filing Form LLC-1 will obligate most LLCs to pay an annual minimum $800 tax to the
California Franchise Tax Board. For more information about taxes, go to https://www.ftb.ca.gov." https://www.ftb.ca.gov."
- runako 10y agoAwesome, thanks for the clarification!