In 2009 I formed a California Limited Liability Company (LLC). I did not have any partners, employees, or make any profit.
In 2009 my LLC?s federal tax return was shown on a Schedule C. For the California return I submitted the CA 540 form.
Now I?m being told that I should have submitted a California Form 568 along with my state tax return. I have the following questions:
1) Should a CA Form 568 have been submitted with my tax return? (I had no employees, made no profit and had already paid the $800 LLC fee.)2) If CA Form 568 should have been submitted and I didn?t at the time I filed my 2009 return, could I submit this form now, several months later?
3) Do I have to pay penalties for late submission of CA Form 568 (given my particular situation of no profits and no employees)?Thank you in advance for your assistance.
George Ferero