Get Form 3536 California 2023

No, since your California LLC doesn't need to pay the $800 franchise tax for its 1st year, you don't need to file Form 3522. Form 3522 will need to be filed in the 2nd year. For instructions on filing Form 3522, please see California LLC Annual Franchise Tax.

LLCs should use form FTB 3536, Estimated Fee for LLCs, to remit the estimated fee payment. A penalty will apply if the LLC's estimated fee payment is less than the fee owed for the taxable year. See Penalties and Interest, for more information. The LLC fee remains due and payable by the due date of the LLC's return.

California has dropped its filing fees for starting a new limited liability company (LLC) and many other business entities until June 30, 2023.

The Estimated Fee for LLCs only applies to LLCs that make $250,000 or more during a taxable year. This is filed on Form 3536 and is calculated based on your California LLC's gross receipts (total revenue). The larger the gross receipts, the higher the fee.

Form 3536 only needs to be filed if your income is $250,000 or more. You use Form FTB 3522, LLC Tax Voucher to pay the annual limited liability company (LLC) tax of $800 for taxable year.

2022 Instructions for Form FTB 3536. ... The Limited Liability Company (LLC) must estimate the fee it will owe for the taxable year and must make an estimated fee payment by the 15th day of the 6th month of the current taxable year. ... LLCs can make an estimated fee payment using tax preparation software.

This means that even if your company does not operate and shows no profit, it must still pay the $800 minimum by virtue of existing. Thus, the only way to avoid the tax is to dissolve the company.

LLC fee If the total California income rounded to the nearest whole dollar is:The fee amount is:$250,000 - $499,999$900$500,000 - $999,999$2,500$1,000,000 - $4,999,999$6,000$5,000,000 or more$11,790