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9 Replies Last post: Jul 2, 2009 9:18 PM by rcrivera

LLC Tax Liability in California

Jun 1, 2008 7:46 PM

Click to view shoppinatwilk's profile Professional shoppinatwilk 4 posts since
May 31, 2008
when creating a LLC in California, for any given year the corporation doesnt perform any business, is it still subject to the tax liability of the 800.00 annually?
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Click to view LUCKIEST's profile SCORE LUCKIEST 7,926 posts since
Aug 6, 2007
1. Re: LLC Tax Liability in California Jun 1, 2008 8:33 PM
in response to: shoppinatwilk
LLC Tax Liability in California

YES
Click to view Lighthouse24's profile Mogul Lighthouse24 2,396 posts since
Oct 10, 2007
2. Re: LLC Tax Liability in California Jun 1, 2008 11:34 PM
in response to: shoppinatwilk
Although an LLC with a single member can be "disregarded" for most tax purposes, it still has to pay the $800 annual tax and LLC annual fee. So, as Luckiest indicated, the answer is yes.