California Form 568 (2024), Limited Liability Company Return of Income Instructions

Check this box if the LLC uses the cash method of accounting for this tax year.

Check this box if the LLC uses the accrual method of accounting for this tax year.

Check this box if the LLC uses an accounting method other than cash or accrual, and attach an explanation of the method used.

Check this box if, during this taxable year, the LLC acquired control or majority ownership (more than a 50% interest) in another legal entity and the acquired entity owned or leased California real property as described in the question.

Check this box if the LLC did not acquire control or majority ownership (more than a 50% interest) in another legal entity during this taxable year, or if the additional California real property condition described in the question is not met.

Check this box if the LLC is apportioning or allocating income to California using Schedule R.

Check this box if the LLC is not apportioning or allocating income to California using Schedule R.

Enter the date the authorized member or manager signs the form.

Enter the authorized member or manager’s email address (optional).

Enter the authorized member or manager’s telephone number.

Enter the total accounts payable balance at the beginning of the taxable year for line 15.

Enter the total accounts payable balance at the end of the taxable year for line 15.

Enter the total amount of all nonrecourse loans outstanding at the beginning of the taxable year.

Enter the total amount of all nonrecourse loans outstanding at the end of the taxable year.

Enter the total amount of loans payable to members at the beginning of the taxable year for Line 19a.

Enter the total amount of loans payable to members at the end of the taxable year for Line 19a.

Enter the amount of mortgages, notes, and bonds payable in one year or more at the beginning of the taxable year.

Enter the amount of mortgages, notes, and bonds payable in one year or more at the end of the taxable year.

Enter the total balance of all members’ capital accounts at the beginning of the taxable year.

Enter the total balance of all members’ capital accounts at the end of the taxable year.

Enter the total amount of other current liabilities at the beginning of the taxable year.

Enter the total amount of other current liabilities at the end of the taxable year.

Enter the total amount of other liabilities as of the beginning of the taxable year for Schedule L, line 20.

Enter the total amount of other liabilities as of the end of the taxable year for Schedule L, line 20.

Enter the total amount of mortgages, notes, and bonds payable in less than 1 year at the beginning of the taxable year.

Enter the total amount of mortgages, notes, and bonds payable in less than 1 year at the end of the taxable year.

Enter the total amount of liabilities and capital at the beginning of the taxable year for Schedule L, line 22.

Enter the total amount of liabilities and capital at the end of the taxable year for Schedule L, line 22.

Enter the date the LLC began doing business in California.

Enter the LLC’s total assets as of the end of the taxable year.

Enter the California-source interest income amount from Form 568, Schedule K, line 5.

Enter the California-source dividend income amount from Form 568, Schedule K, line 6.

Enter the California-source royalty income amount from Form 568, Schedule K, line 7.

Enter the California capital gains amount included in the totals from Form 568, Schedule K, lines 8 and 9.

Enter the California total gains (not losses) amount from Form 568, Schedule K, line 10a.

Enter the other California portfolio income (not loss) amount from Form 568, Schedule K, line 11a.

Enter the other California income (not loss) amount not included on line 5 from Form 568, Schedule K, line 11b.

Check this box if, during the taxable year, another person or legal entity acquired control or majority ownership in the LLC (or an entity in which the partnership holds a controlling or majority interest) and the acquired entity(ies) owned or leased California real property as described in the question.

Check this box if the conditions described in the question are not both true (i.e., either no acquisition of control/majority ownership occurred, or the acquired entity(ies) did not own or lease California real property as described).

Enter the total gross rents from federal Form 8825, line 18a that are assigned to California.

Enter the total gross rents from all Schedule K-1s (565), Table 3, line 2 that are assigned to California.

Enter the total California rental real estate gross rents for line 8c (the sum of lines 8a and 8b). Fill only if 'Total gross rents (Form 8825, line 18a)', 'Total gross rents (Schedule K-1s (565), Table 3, line 2)' have amounts entered (all).

Enter the amount of the line 17 overpayment you want credited to your 2025 LLC tax or fee.

Enter the refund amount from your overpayment after subtracting the line 18 credit from line 17. Fill only if 'Line 17 Overpayment', 'Credit to 2025 Tax or Fee (Line 18)' is less than Field 46 (all).

Enter the total penalties and interest to add to your return.

Enter the total amount due after adding lines 15, 16, 18, and 20 and subtracting line 17.

Check this box if the LLC is deferring any income from the disposition of assets.

Check this box if the LLC is not deferring any income from the disposition of assets.

Enter the year in which the asset disposition occurred if the LLC is deferring income from the disposition of assets. Fill only if 'Deferring income from disposition of assets — Yes' is 'Yes'.

Check this box if the LLC is a business entity disregarded for tax purposes.

Check this box if the LLC is not a business entity disregarded for tax purposes.

Check this box if there are credits or credit carryovers attributable to the disregarded entity. Fill only if 'U(1) Disregarded entity for tax purposes — Yes' is 'Yes'.

Check this box if there are no credits or credit carryovers attributable to the disregarded entity. Fill only if 'U(1) Disregarded entity for tax purposes — Yes' is 'Yes'.

Check this box if the disregarded entity’s total income derived from or attributable to California is less than the LLC’s total income from all sources. Fill only if 'U(1) Disregarded entity for tax purposes — Yes' is 'Yes'.

Check this box if the disregarded entity’s total income derived from or attributable to California is not less than the LLC’s total income from all sources. Fill only if 'U(1) Disregarded entity for tax purposes — Yes' is 'Yes'.

Check this box if there was a distribution of property or a transfer (for example, by sale or death) of an LLC interest during the taxable year.

Check this box if there was no distribution of property and no transfer of an LLC interest during the taxable year.

Enter the LLC's "doing business as" (DBA) name, if any.

Check this box if the LLC filed the federal Schedule M-3 (Form 1065) for the tax year.

Check this box if the LLC did not file the federal Schedule M-3 (Form 1065) for the tax year.

Check this box if the LLC is a direct owner of an entity that filed a federal Schedule M-3 for the tax year.

Check this box if the LLC is not a direct owner of any entity that filed a federal Schedule M-3 for the tax year.

Enter the total income amount from Schedule IW, Limited Liability Company Income Worksheet.

Enter the Limited Liability Company (LLC) fee amount.

Enter the 2024 annual Limited Liability Company (LLC) tax amount.

Enter the pass-through entity elective tax amount.

Enter the nonconsenting nonresident members' tax liability amount from Schedule T.

Enter the partnership level tax amount, or leave blank if not applicable.

Enter the total tax and fee amount calculated as the sum of lines 2 through 6.

Check this box if the LLC has an interest in a business entity that is disregarded for tax purposes.

Check this box if the LLC does not have an interest in a business entity that is disregarded for tax purposes.

Check this box if the LLC is an investment partnership.

Check this box if the LLC is not an investment partnership.

Check this box if the LLC is treating multiple activities as aggregated for IRC Section 465 at-risk purposes.

Check this box if the LLC is grouping activities for IRC Section 469 passive activity purposes.

Check this box if the LLC is currently under audit by the IRS or was audited in a prior year.

Check this box if the LLC is not currently under audit by the IRS and has not been audited in a prior year.

Enter the total cash balance at the beginning of the taxable year.

Enter the total cash balance at the end of the taxable year.

Enter the amount of ordinary income or loss from trade or business activities reported from federal Schedule K (Form 1065).

Enter the California adjustment amount applicable to ordinary income or loss from trade or business activities.

Enter the total amount of ordinary income or loss from trade or business activities under California law after applying California adjustments.

Enter the total value of depletable assets at the beginning of the taxable year.

Enter the total value of depletable assets at the end of the taxable year.

Enter the amount from federal Schedule K (Form 1065), line 10a for total gain under IRC Section 1231.

Enter the California adjustment amount for line 10a total gain under IRC Section 1231.

Enter the total amount for California law on line 10a total gain under IRC Section 1231.

Enter the total accumulated depletion to be deducted from depletable assets at the beginning of the taxable year for column (a).

Enter the total accumulated depletion to be deducted from depletable assets at the beginning of the taxable year for column (b).

Enter the total accumulated depletion to be deducted from depletable assets at the end of the taxable year for column (c).

Enter the total accumulated depletion to be deducted from depletable assets at the end of the taxable year for column (d).

Enter the member’s share of total loss under IRC Section 1231 (other than due to casualty or theft) from the federal Schedule K (1065).

Enter the California adjustment amount for the IRC Section 1231 total loss reported on line 10b.

Enter the total IRC Section 1231 loss amount under California law for line 10b after applying California adjustments.

Enter the book value of land (net of any amortization) at the beginning of the taxable year.

Enter the book value of land (net of any amortization) at the end of the taxable year.

Enter the amount of other portfolio income (loss) reported on federal Schedule K (1065) for line 11a.

Enter the California adjustment amount for other portfolio income (loss) on line 11a.

Enter the total other portfolio income (loss) amount for California law on line 11a after applying any adjustments.

Enter the member’s total other income amount from federal Schedule K (Form 1065) for line 11b.

Enter the California adjustment amount applicable to total other income on line 11b.

Enter the total other income amount for line 11b after applying California adjustments.

Enter the member’s total other loss amount from federal Schedule K (Form 1065) for line 11c.

Enter the California adjustment amount applicable to the member’s total other loss reported on line 11c.

Enter the total line 11c other loss amount under California law after applying the California adjustment.

Enter the member's share of the IRC Section 179 expense deduction amount from federal Schedule K (Form 1065) for line 12.

Enter the California adjustment amount to the IRC Section 179 expense deduction for line 12.

Enter the total IRC Section 179 expense deduction amount for California law on line 12 after applying any California adjustments.

Enter the total value of amortizable intangible assets at the beginning of the taxable year.

Enter the total value of amortizable intangible assets at the end of the taxable year.

Enter the accumulated amortization amount for intangible assets to be deducted on line 12b for the beginning of the taxable year in column (a).

Enter the accumulated amortization amount for intangible assets to be deducted on line 12b for the beginning of the taxable year in column (b).

Enter the accumulated amortization amount for intangible assets to be deducted on line 12b for the end of the taxable year in column (c).

Enter the accumulated amortization amount for intangible assets to be deducted on line 12b for the end of the taxable year in column (d).

Enter the total value of other assets at the beginning of the taxable year (Schedule L, line 13).

Enter the total value of other assets at the end of the taxable year (Schedule L, line 13).

Enter the amount of cash contributions reported from federal Schedule K (Form 1065) for line 13a.

Enter the California adjustment amount applicable to cash contributions on line 13a.

Enter the total amount of cash contributions for California tax purposes on line 13a after applying California adjustments.

Enter the member’s share of noncash charitable contributions from federal Schedule K (Form 1065) for line 13b.

Enter the California adjustment amount, if any, to the member’s share of noncash charitable contributions for line 13b.

Enter the total noncash charitable contributions amount for line 13b after applying California law.

Enter the investment interest expense amount from federal Schedule K (1065) for line 13c.

Enter the California adjustment amount for investment interest expense on line 13c.

Enter the total investment interest expense amount for California law on line 13c after applying any California adjustments.

Enter the total expenditures eligible for the IRC Section 59(e) election from federal Schedule K-1 (1065) for line 13d(1).

Enter the California adjustment amount related to the total IRC Section 59(e) election expenditures reported on line 13d(1).

Enter the total expenditures subject to the IRC Section 59(e) election calculated under California law for line 13d(1).

Describe the type(s) of expenditures included in the IRC Section 59(e) election total (for example, the category or nature of the costs). Fill only if 'Line 13d(1) Total IRC 59(e) expenditures (Federal K-1 amount)', 'Line 13d(1) California adjustment', 'Line 13d(1) Total amount using California law' has an amount entered (any).

Enter the amount from federal Schedule K (Form 1065) for line 13e deductions related to portfolio income.

Enter the California adjustment amount (increase or decrease) for line 13e deductions related to portfolio income.

Enter the total amount for line 13e deductions related to portfolio income using California law after applying any California adjustment.

Enter the amount of other deductions for line 13f using federal K-1 (1065) amounts.

Enter the California adjustment amount for other deductions on line 13f.

Enter the total other deductions amount for line 13f computed using California law.

Enter the entity’s total assets at the beginning of the taxable year for line 14.

Enter the entity’s total assets at the end of the taxable year for line 14.

Enter the total amount of withholding on the LLC that is allocated to all members for line 15a.

Enter the total low-income housing credit amount allocated to the member under California law for line 15b.

Enter the total amount of credits other than line 15b that are related to rental real estate activities for this member under California law.

Enter the total amount of credits related to other rental activities for line 15d.

Enter the amount of tax paid by the LLC on behalf of nonconsenting nonresident members for line 15e.

Enter the member’s share of other credits reported on Schedule K, line 15f (attach schedule if required).

Enter the depreciation adjustment amount for property placed in service after 1986 as reported from the federal Schedule K-1 (Form 1065).

Enter the California adjustment to the depreciation amount for property placed in service after 1986.

Enter the total depreciation adjustment amount for property placed in service after 1986 after applying the California adjustment.

Enter the member’s adjusted gain or loss amount from federal Schedule K (1065) for line 17b.

Enter the California adjustment amount applicable to the line 17b adjusted gain or loss.

Enter the total adjusted gain or loss for line 17b under California law after applying California adjustments.

Enter the depletion amount (other than oil and gas) from the federal K-1 for line 17c.

Enter the California adjustment amount for depletion (other than oil and gas) on line 17c.

Enter the total depletion amount (other than oil and gas) for line 17c after applying California adjustments.

Enter the member’s gross income from oil, gas, and geothermal properties as reported on federal Schedule K-1 (Form 1065) for line 17d.

Enter the California adjustment amount for the member’s gross income from oil, gas, and geothermal properties for line 17d.

Enter the total amount under California law for the member’s gross income from oil, gas, and geothermal properties for line 17d.

Enter the member’s share of deductions allocable to oil, gas, and geothermal properties from federal Schedule K (1065) for line 17e.

Enter the California adjustment amount for deductions allocable to oil, gas, and geothermal properties for line 17e.

Enter the total amount for deductions allocable to oil, gas, and geothermal properties under California law for line 17e.

Enter the amount from federal Schedule K-1 (1065) for line 17f, Other alternative minimum tax items.

Enter the California adjustment amount for line 17f, Other alternative minimum tax items.

Enter the total amount for line 17f, Other alternative minimum tax items, computed under California law.

Enter the tax-exempt interest income amount from federal Schedule K-1 (Form 1065) for line 18a.

Enter the California adjustment amount for tax-exempt interest income on line 18a.

Enter the total tax-exempt interest income amount using California law for line 18a.

Enter the amount of other tax-exempt income from the federal Schedule K (Form 1065) for line 18b.

Enter the California adjustment amount that modifies the federal other tax-exempt income reported on line 18b.

Enter the total other tax-exempt income amount for California law on line 18b after applying any California adjustments.

Enter the member’s share of nondeductible expenses reported from federal Schedule K (Form 1065) for line 18c.

Enter the California adjustment amount for nondeductible expenses for line 18c.

Enter the total amount for nondeductible expenses under California law for line 18c after applying any California adjustments.

Enter the amount of distributions of money (cash and marketable securities) reported from federal Schedule K (1065) for line 19a.

Enter the California adjustment amount (increase or decrease) that modifies the federal line 19a distributions of money.

Enter the total amount for line 19a distributions of money under California law after applying any California adjustments.

Enter the amount from federal Schedule K (Form 1065) for distributions of property other than money.

Enter the California adjustment amount, if any, related to distributions of property other than money.

Enter the total amount for distributions of property other than money as computed under California law.

Enter the member’s share of net income (loss) from rental real estate activities from federal Schedule K (1065) for line 2.

Enter the California adjustment amount for the member’s share of net income (loss) from rental real estate activities on line 2.

Enter the total amount for California law for the member’s share of net income (loss) from rental real estate activities on line 2.

Enter the member’s share of investment income amount from federal Schedule K (1065) for line 20a.

Enter the California adjustment amount for investment income for line 20a.

Enter the total investment income amount using California law for line 20a.

Enter the member's share of investment expenses from federal Schedule K (Form 1065) for line 20b.

Enter the California adjustment amount, if any, that modifies the federal investment expenses reported on line 20b.

Enter the total investment expenses under California law for line 20b after applying any California adjustments.

Enter the amount for Schedule K, line 20c (Other information) from the federal return (Form 1065).

Enter the total amount for Schedule K, line 20c (Other information) using California law.

Enter the total distributive income/payment items amount from federal Form 1065 for Schedule K, line 21a. Fill only if 'Federal amount (K-1065) - Ordinary income (loss)', 'Federal amount (Line 2)', 'Line 3c federal amount', 'Line 4c total guaranteed payments (federal amount)', 'Interest income (Federal K amount)', 'Dividends (Federal K 1065 amount)', 'Royalties (Federal amount)', 'Net short-term capital gain (loss) – Federal amount', 'Line 9 Federal amount', 'Federal amount (Schedule K line 10a)', 'Federal K amount (Line 10b)', 'Federal K amount (Line 11a)', 'Line 11b Federal amount', 'Line 11c total other loss (federal K amount)', 'Section 179 expense deduction (federal amount)', 'Cash contributions (federal amount)', 'Noncash contributions (Federal amount)', 'Federal investment interest expense', 'Line 13d(1) Total IRC 59(e) expenditures (Federal K-1 amount)', 'Line 13e federal amount', 'Other deductions (federal amount)' has an amount entered (any).

Enter the California adjustment amount applicable to the total distributive income/payment items for Schedule K, line 21a. Fill only if 'California adjustment - Ordinary income (loss)', 'California adjustment (Line 2)', 'Line 3c California adjustment', 'Line 4c total guaranteed payments (California adjustment)', 'Interest income (California adjustment)', 'Dividends (California adjustment)', 'Royalties (California adjustment)', 'Net short-term capital gain (loss) – California adjustment', 'Line 9 California adjustment', 'California adjustment (line 10a)', 'California adjustment (Line 10b)', 'California adjustment (Line 11a)', 'Line 11b California adjustment', 'Line 11c California adjustment', 'Section 179 expense deduction (California adjustment)', 'Cash contributions (California adjustment)', 'Noncash contributions (California adjustments)', 'California adjustment to investment interest expense', 'Line 13d(1) California adjustment', 'Line 13e California adjustment', 'Other deductions (California adjustment)' has an amount entered (any).

Enter the total distributive income/payment items amount computed under California law for Schedule K, line 21a. Fill only if 'Total California amount - Ordinary income (loss)', 'Total California amount (Line 2)', 'Line 3c total (California law)', 'Line 4c total guaranteed payments (California total)', 'Interest income (Total for California law)', 'Dividends (Total California amount)', 'Royalties (Total under California law)', 'Net short-term capital gain (loss) – Total per California law', 'Line 9 Total amount (California law)', 'Total California amount (line 10a)', 'Total California amount (Line 10b)', 'Total California amount (Line 11a)', 'Line 11b Total amount (California law)', 'Line 11c total amount (California law)', 'Section 179 expense deduction (total California amount)', 'Cash contributions (California total)', 'Noncash contributions (Total under California law)', 'California total investment interest expense', 'Line 13d(1) Total amount using California law', 'Line 13e total (California)', 'Other deductions (total California amount)' has an amount entered (any).

Enter the total value of trade notes and accounts receivable at the beginning of the taxable year.

Enter the total value of trade notes and accounts receivable at the end of the taxable year.

Enter the amount of the allowance for bad debts to subtract from trade notes and accounts receivable at the beginning of the taxable year for column (a).

Enter the amount of the allowance for bad debts to subtract from trade notes and accounts receivable at the beginning of the taxable year for column (b).

Enter the amount of the allowance for bad debts to subtract from trade notes and accounts receivable at the end of the taxable year for column (c).

Enter the amount of the allowance for bad debts to subtract from trade notes and accounts receivable at the end of the taxable year for column (d).

Enter the total value of inventories at the beginning of the taxable year.

Enter the total value of inventories at the end of the taxable year.

Enter the gross income (loss) from other rental activities as reported on federal Schedule K (Form 1065) for line 3a.

Enter the California adjustment amount for the gross income (loss) from other rental activities on line 3a.

Enter the total gross income (loss) from other rental activities for line 3a after applying California law (federal amount plus California adjustments).

Enter the amount of less expenses from other rental activities from federal Schedule K (1065) for line 3b.

Enter the California adjustment amount applicable to less expenses from other rental activities for line 3b.

Enter the total amount of less expenses from other rental activities for line 3b as computed under California law.

Enter the amount from federal Schedule K (Form 1065) for line 3c, net income (loss) from other rental activities. Fill only if 'Federal K (1065) amount', 'Line 3b Less Expenses (Federal K)' has an amount entered (any).

Enter the California adjustment amount for line 3c, net income (loss) from other rental activities. Fill only if 'California adjustment', 'Line 3b Less Expenses (California Adjustments)' has an amount entered (any).

Enter the total amount under California law for line 3c after applying the California adjustment to the federal amount. Fill only if 'Total amount (California law)', 'Line 3b Less Expenses (Total per California Law)' has an amount entered (any).

Enter the total value of U.S. government obligations held at the beginning of the taxable year.

Enter the total value of U.S. government obligations held at the end of the taxable year.

Enter the amount of guaranteed payments for services from federal Schedule K (Form 1065) line 4a allocated to this member.

Enter the California adjustment amount to apply to the guaranteed payments for services reported on line 4a.

Enter the total guaranteed payments for services under California law for line 4a after applying any California adjustments.

Enter the guaranteed payments for capital amount from federal Schedule K (Form 1065), line 4b.

Enter the California adjustment amount applicable to guaranteed payments for capital on line 4b.

Enter the total guaranteed payments for capital for California purposes on line 4b after applying California adjustments.

Enter the total guaranteed payments amount from federal Schedule K (Form 1065) for line 4c. Fill only if 'Federal K Guaranteed Payments (Services)', 'Federal amount (Line 4b)' has an amount entered (any).

Enter the California adjustment amount applicable to the total guaranteed payments reported on line 4c. Fill only if 'California Adjustment (Services Guaranteed Payments)', 'California adjustment (Line 4b)' has an amount entered (any).

Enter the total guaranteed payments amount for line 4c as computed under California law. Fill only if 'Total California Amount (Services Guaranteed Payments)', 'California total (Line 4b)' has an amount entered (any).

Enter the total value of tax-exempt securities held at the beginning of the taxable year.

Enter the total value of tax-exempt securities held at the end of the taxable year.

Enter the member’s share of interest income amount from federal Schedule K (1065) for line 5.

Enter the California adjustment amount for the member’s share of interest income on line 5.

Enter the total interest income amount for line 5 after applying California adjustments (amount using California law).

Enter the total value of other current assets at the beginning of the taxable year for Line 6.

Enter the total value of other current assets at the end of the taxable year for Line 6.

Enter the member’s share of dividends reported from federal Schedule K (Form 1065) for line 6.

Enter the California adjustment amount applicable to the dividends on line 6.

Enter the total dividends amount for California law on line 6 after applying any California adjustments.

Enter the member’s royalties amount from federal Schedule K (Form 1065) for line 7.

Enter the California adjustment amount applicable to the member’s royalties reported on line 7.

Enter the total royalties amount for line 7 after applying California adjustments (amount using California law).

Enter the total amount of loans receivable from members at the beginning of the taxable year for line 7a.

Enter the total amount of loans receivable from members at the end of the taxable year for line 7a.

Enter the total book value of mortgage and real estate loans held at the beginning of the taxable year for line 7b.

Enter the total book value of mortgage and real estate loans held at the end of the taxable year for line 7b.

Enter the total value of other investments at the beginning of the taxable year for line 8.

Enter the total value of other investments at the end of the taxable year for line 8.

Enter the member’s net short-term capital gain or loss from federal Schedule K (Form 1065) for line 8.

Enter the California adjustment amount that modifies the federal net short-term capital gain or loss on line 8.

Enter the total net short-term capital gain or loss for line 8 after applying California law (federal amount plus/minus California adjustments).

Enter the member’s net long-term capital gain (loss) amount from federal Schedule K (1065) for line 9.

Enter the California adjustment amount for the member’s net long-term capital gain (loss) on line 9.

Enter the total net long-term capital gain (loss) for line 9 after applying California adjustments.

Enter the total value of buildings and other depreciable assets at the beginning of the taxable year.

Enter the total value of buildings and other depreciable assets at the end of the taxable year.

Enter the total accumulated depreciation for buildings and other depreciable assets as of the beginning of the taxable year for column (a).

Enter the total accumulated depreciation for buildings and other depreciable assets as of the beginning of the taxable year for column (b).

Enter the total accumulated depreciation for buildings and other depreciable assets as of the end of the taxable year for column (c).

Enter the total accumulated depreciation for buildings and other depreciable assets as of the end of the taxable year for column (d).

Enter the LLC’s mailing street address, including suite/room number or PO box if applicable.

Enter the LLC’s private mailbox (PMB) number, if applicable.

Enter the city for the LLC’s mailing address.

Enter the state for the LLC’s mailing address.

Enter the ZIP code for the LLC’s mailing address.

Enter the country name if the LLC’s mailing address is outside the United States.

Enter the province, state, or county for the foreign mailing address, if applicable.

Enter the postal code for the foreign mailing address, if applicable.

Enter the limited liability company’s full legal name as registered.

Enter the California Secretary of State (SOS) file number assigned to the LLC.

Provide any additional identifying information for the LLC, if applicable.

Enter the LLC’s federal employer identification number (FEIN/EIN).

Enter the highest number of members the LLC had at any time during the taxable year.

Check this box if the LLC is a member or partner in another multiple-member LLC or partnership.

Check this box if the LLC is not a member or partner in another multiple-member LLC or partnership.

Check this box if any member of the LLC is also an LLC or a partnership.

Check this box if none of the LLC’s members are LLCs or partnerships.

Enter the number of members that are corporations.

Enter the number of members that are individuals who actively participated in the activity.

Enter the number of members that are individuals treated as passive participants.

Enter the number of members that are partnerships.

Enter the number of members that are tax-exempt organizations.

Enter the number of members that are nominees or otherwise not classified in the other categories.

Enter the number of members that are limited liability companies (LLCs).

Check this box if the LLC has any foreign (non-U.S.) nonresident members.

Check this box if the LLC does not have any foreign (non-U.S.) nonresident members.

Check this box if the LLC has any domestic (non-foreign) nonresident members.

Check this box if the LLC does not have any domestic (non-foreign) nonresident members.

Check this box if Form 592, 592-A, 592-B, 592-F, and/or 592-PTE were filed for these nonresident members.

Check this box if none of Form 592, 592-A, 592-B, 592-F, or 592-PTE were filed for these nonresident members.

Enter the California other rental income amount from Schedule K (568), line 3a.

Enter the California other rental income amount from all Schedule K-1s (565), Table 3, line 3.

Enter the total other California rentals amount by adding lines 9a and 9b. Fill only if 'Line 9a – Amount from Schedule K (568), line 3a', 'Line 9b – Amount from all Schedule K-1s (565), Table 3, line 3' is the sum of all fields (all).

Check this box if you authorize the FTB to discuss this return with the paid preparer listed above.

Check this box if you do not authorize the FTB to discuss this return with the paid preparer listed above.

Enter the date the paid preparer signed the return.

Check this box if the paid preparer is self-employed (not working as an employee of a firm).

Enter the paid preparer’s Preparer Tax Identification Number (PTIN).

Enter the name of the paid preparer’s firm (or the preparer’s name if self-employed).

Enter the paid preparer’s firm mailing address (or the preparer’s address if self-employed).

Enter the paid preparer firm’s Federal Employer Identification Number (FEIN).

Enter the paid preparer firm’s telephone number.

Enter the total amount paid with Form FTB 3537 and 2024 Form FTB 3522 and Form FTB 3536.

Enter the total amounts paid for the pass-through entity elective tax.

Enter the amount of overpayment from the prior year that is allowed as a credit.

Enter the total withholding amount from Form 592-B and/or Form 593.

Enter the total payments amount, adding lines 8, 9, 10, and 11.

Check this box if the LLC is reporting previously deferred income from an installment sale.

Check this box if the LLC is reporting previously deferred income related to an IRC Section 1031 like-kind exchange.

Check this box if the LLC is reporting previously deferred income related to an IRC Section 1033 involuntary conversion.

Check this box if the LLC is reporting previously deferred income from a source other than an installment sale, IRC §1031, or IRC §1033.

Check this box if the LLC previously operated outside California.

Check this box if the LLC has not previously operated outside California.

Check this box if this is the LLC’s first year doing business in California.

Check this box if this is not the LLC’s first year doing business in California.

Enter the principal business activity code for the LLC (do not leave blank).

Enter a short description of the LLC’s principal business activity.

Describe the main product(s) or service(s) the LLC provides.

Check this box if the LLC has operated as another entity type (e.g., corporation, S corporation, general/limited partnership, or sole proprietorship) within the previous five years.

Check this box if the LLC has not operated as another entity type within the previous five years.

Enter any prior FEIN(s) (if different), prior business name(s), and the entity type(s) used on prior returns filed with the FTB and/or IRS for the previous five years. Fill only if 'Yes — Operated as another entity type in previous 5 years' is 'Yes'.

Check this box if the LLC is a publicly traded partnership as defined in IRC Section 469(k)(2).

Check this box if the LLC is not a publicly traded partnership as defined in IRC Section 469(k)(2).

Check this box if the LLC was registered in California during the taxable year but did not earn any income sourced to California. Fill only if 'No — Not apportioning/allocating income to California using Schedule R' is 'Yes'.

Check this box if the LLC was not registered in California without earning any California-sourced income during the taxable year. Fill only if 'No — Not apportioning/allocating income to California using Schedule R' is 'Yes'.

Check this box if any member of the LLC is related (as defined in IRC Section 267(c)(4)) to any other member of the LLC.

Check this box if no member of the LLC is related (as defined in IRC Section 267(c)(4)) to any other member of the LLC.

Check this box if any member of the LLC is a trust for the benefit of any person related (as defined in IRC Section 267(c)(4)) to any other member of the LLC.

Check this box if no member of the LLC is a trust for the benefit of any person related (as defined in IRC Section 267(c)(4)) to any other member of the LLC.

Check this box if the LLC included a Reportable Transaction or Listed Transaction within this return.

Check this box if the LLC did not include a Reportable Transaction or Listed Transaction within this return.

Check this box if this is the LLC’s first time filing Form 568 for the taxable year shown.

Check this box if this is the LLC’s final Form 568 because it has ceased doing business, dissolved, or will no longer be required to file.

Check this box if you are filing this Form 568 to correct or change a previously filed return for the same taxable year.

Check this box if this filing is a protective claim for refund to preserve the LLC’s right to a refund pending a future event (such as litigation or an IRS determination).

Check this box if there was a change (other than for IRC Section 263A purposes) in determining quantities, cost, or valuations between opening and closing inventory.

Check this box if there was no change (other than for IRC Section 263A purposes) in determining quantities, cost, or valuations between opening and closing inventory.

Enter the value of inventory on hand at the beginning of the tax year for Schedule A, line 1.

Enter total purchases reduced by the cost of items withdrawn for personal use for Schedule A, line 2.

Enter the cost of labor included in cost of goods sold for Schedule A, line 3.

Enter additional costs required to be capitalized under IRC Section 263A for Schedule A, line 4.

Enter any other costs to be included in cost of goods sold for Schedule A, line 5.

Enter the total of lines 1 through 5 for Schedule A, line 6.

Enter the value of inventory on hand at the end of the tax year for Schedule A, line 7.

Enter the cost of goods sold, calculated as line 6 minus line 7, for Schedule A, line 8.

Check this box if you valued your closing (ending) inventory using the cost method.

Check this box if you valued your closing inventory using the lower of cost or market method (as described in Treas. Reg. § 1.471-4).

Check this box if you wrote down “subnormal” goods when valuing closing inventory (as described in Treas. Reg. § 1.471-2(c)).

Check this box if you used a different inventory valuation method and will specify the method and attach an explanation.

Provide the description of the inventory valuation method used if you select the “Other” method for valuing closing inventory. Fill only if 'Other (specify method)' is 'Yes'.

Check this box if the rules of IRC Section 263A (with respect to property produced or acquired for resale) apply to the LLC.

Check this box if the rules of IRC Section 263A (with respect to property produced or acquired for resale) do not apply to the LLC.

Check this box if you adopted the LIFO inventory method for any goods during the tax year and you filed federal Form 970.

Enter the total salaries and wages paid to employees (other than to members) for Schedule B, line 13.

Enter the total guaranteed payments made to members for Schedule B, line 14.

Enter the total deductible bad debts for Schedule B, line 15.

Enter the total deductible interest expense not claimed elsewhere on the return for Schedule B, line 16.

Enter the total depreciation and amortization amount from FTB 3885L to report on Schedule B, line 17a.

Enter the amount of depreciation already reported on Schedule A or elsewhere on this return to subtract from line 17a.

Enter the remaining depreciation and amortization amount after subtracting line 17b from line 17a.

Enter the total gross receipts or sales for the business before subtracting returns and allowances.

Enter the total amount of returns and allowances to be subtracted from gross receipts or sales.

Enter the net balance after subtracting returns and allowances from gross receipts or sales.

Enter the total cost of goods sold to subtract from gross receipts.

Enter the gross profit amount after subtracting cost of goods sold from the balance of gross receipts.

Enter the total ordinary income from other LLCs, partnerships, and fiduciaries.

Enter the total ordinary loss from other LLCs, partnerships, and fiduciaries.

Enter the total farm profit amount.

Enter the total farm loss amount.

Enter the total gains included on Schedule D-1, Part II, line 17.

Enter the total losses included on Schedule D-1, Part II, line 17.

Enter any other income amount not reported on the lines above.

Enter any other loss amount not reported on the lines above.

Enter the total income or loss by combining the amounts from lines 3 through 11.

Enter the deduction amount for depletion (do not deduct oil and gas depletion here).

Enter the total deductible amount for retirement plans and similar items.

Enter the total deductible amount for employee benefit programs.

Enter the total amount of other deductible expenses not reported on the earlier deduction lines.

Enter the total deductions for Schedule B (the sum of all deduction lines reported in this section).

Enter the ordinary income or loss from trade or business activities after subtracting total deductions from total income.

Enter the total California income from Form 568, Schedule B, line 13.

Enter the California cost of goods sold from Form 568, Schedule B, line 2 and any applicable amounts from federal Schedule F (Form 1040) associated with California receipts reported on this worksheet.

If applicable, enter the gross income of any disregarded entity that is not included in lines 1 and 8 through 16 of this worksheet. Fill only if 'U(1) Is this LLC a business entity disregarded for tax purposes?' is 'Yes'.

Enter the cost of goods sold for disregarded entities associated with the receipts assigned to California on line 2a. Fill only if 'U(1) Is this LLC a business entity disregarded for tax purposes?' is 'Yes'.

Enter the LLC’s distributive share of ordinary income from pass-through entities assigned to California.

Enter the LLC’s distributive share of cost of goods sold from other pass-through entities associated with California receipts.

Enter the LLC’s distributive share of deductions from other pass-through entities assigned to California.

Enter gross farm income from federal Schedule F (Form 1040) attributable to California.

Enter the total of other income (not loss) from Form 568, Schedule B, line 10.

Enter the total gains (not losses) from Form 568, Schedule B, line 8.

Enter the total of lines 1a through 6.

Enter the entity's net income or loss per the accounting books for the year.

Enter income reported on Schedule K (line 1 through line 11c) that was not recorded on the books during the year.

Enter guaranteed payments made to members during the year, excluding health insurance guaranteed payments.

Enter depreciation expense recorded on the books that is not included on Schedule K (line 1 through line 13f).

Enter travel and entertainment expense recorded on the books that is not included on Schedule K (line 1 through line 13f).

Enter annual LLC tax expense recorded on the books that is not included on Schedule K (line 1 through line 13f).

Enter other expenses recorded on the books that are not included on Schedule K (line 1 through line 13f).

Enter the total of the book expenses not on the return (sum of line 4a through line 4d).

Enter the total of line 1 through line 4e.

Enter the amount of tax-exempt interest included in book income that is not included on the return.

Enter any other income recorded on the books this year that is not included on the return (itemize).

Enter the total income recorded on the books this year but not included on the return.

Enter the depreciation deduction included on the return that was not charged against book income this year.

Enter any other deductions included on the return that were not charged against book income this year (itemize).

Enter the total deductions included on the return that were not charged against book income this year.

Enter the combined total of income not on the return and deductions not on the books (line 6c plus line 7c).

Enter the net income (loss) amount after subtracting line 8 from the book net income (loss) on line 5.

Enter the members' total capital account balance at the beginning of the tax year.

Enter the total cash contributed by members during the tax year.

Enter the total value of property contributed by members during the tax year.

Enter the partnership's net income or loss per books for the tax year.

Enter the total amount of any other increases to members' capital accounts during the tax year (itemize if required).

Enter the total of lines 1 through 4 for the members' capital accounts.

Enter the total cash distributions made to members during the tax year.

Enter the total value of property distributions made to members during the tax year.

Enter the total amount of any other decreases to members' capital accounts during the tax year (itemize if required).

Enter the total of line 6 and line 7 for the members' capital accounts.

Enter the members' total capital account balance at the end of the tax year (line 5 minus line 8).

Enter the total amount of liquidation gains recognized to capitalize the LLC. Fill only if 'Question H (Check the applicable box)' is 'Initial return'.

Enter the entity’s Federal Employer Identification Number (FEIN). Fill only if 'C Corporation', 'S Corporation', 'Partnership', 'Limited Partnership', 'Farmer' is 'Yes' (any).

Enter the entity’s Social Security Number (SSN) or Individual Taxpayer Identification Number (ITIN), if applicable. Fill only if 'Sole Proprietor' is 'Yes'.

Enter the entity’s California Corporation Number (CA Corp. No.), if applicable. Fill only if 'C Corporation', 'S Corporation' is 'Yes' (any).

Enter the entity’s California Secretary of State (CA SOS) file number, if applicable. Fill only if 'Question H (Check the applicable box)' is 'Initial return'.

Enter the legal name of the entity that was liquidated to capitalize the limited liability company. Fill only if 'Question H (Check the applicable box)' is 'Initial return'.

Check this box if the entity liquidated was a C corporation. Fill only if 'Question H (Check the applicable box)' is 'Initial return'.

Check this box if the entity liquidated was an S corporation. Fill only if 'Question H (Check the applicable box)' is 'Initial return'.

Check this box if the entity liquidated was a partnership. Fill only if 'Question H (Check the applicable box)' is 'Initial return'.

Check this box if the entity liquidated was a limited partnership. Fill only if 'Question H (Check the applicable box)' is 'Initial return'.

Check this box if the entity liquidated was a sole proprietorship. Fill only if 'Question H (Check the applicable box)' is 'Initial return'.

Check this box if the entity liquidated was a farmer. Fill only if 'Question H (Check the applicable box)' is 'Initial return'.

Enter the full name of the nonconsenting nonresident member for this row.

Enter the member’s identification number (SSN, TIN, or FEIN).

Enter the member’s distributive share of income for this LLC.

Enter the tax rate applicable to this member.

Enter the member’s total tax due as calculated per the Schedule T instructions.

Enter the amount withheld by this LLC for this member as reported on Form 592-B.

Enter the member’s net tax due after subtracting the amount withheld from the total tax due.

Enter the nonconsenting nonresident member’s full legal name.

Enter the member’s SSN, TIN, or FEIN.

Enter the member’s distributive share of income.

Enter the tax rate used to calculate the member’s tax due.

Enter the member’s total tax due calculated using the applicable tax rate.

Enter the amount withheld by this LLC for this member and reported on Form 592-B.

Enter the member’s net tax due after subtracting any withholding from the total tax due.

Enter the full name of the fourth nonconsenting nonresident member.

Enter the fourth member’s SSN, ITIN, or FEIN.

Enter the fourth member’s distributive share of income for Schedule T.

Enter the tax rate used to calculate the fourth member’s tax due.

Enter the fourth member’s total tax due as calculated for Schedule T.

Enter the amount withheld by the LLC for the fourth member that is reported on Form 592-B.

Enter the fourth member’s net tax due after subtracting any withholding from the total tax due.

Enter the full name of the nonconsenting nonresident member for this row.

Enter the member’s SSN, TTIN, or FEIN.

Enter this member’s distributive share of income allocated to California for the year.

Enter the tax rate applied to this member’s distributive share of income.

Enter the member’s total tax due as calculated for this Schedule T row.

Enter the amount withheld by this LLC on behalf of this member as reported on Form 592-B.

Enter the member’s net tax due after subtracting withholding from the total tax due.

Enter the full name of the third nonconsenting nonresident member.

Enter the third member’s taxpayer identification number (SSN, ITIN, or FEIN).

Enter the third member’s distributive share of income.

Enter the tax rate that applies to the third member.

Enter the third member’s total tax due as calculated per the Schedule T instructions.

Enter the amount of tax withheld by this LLC for the third member as reported on Form 592-B.

Enter the third member’s net tax due after subtracting withholding from the member’s total tax due.

Enter the total amount of tax due from Schedule T (enter 0 if the total is less than zero).

Check this box if the LLC is a section 721(c) partnership as defined in Treasury Regulations section 1.721(c)-1T(b)(14).

Check this box if the LLC is not a section 721(c) partnership as defined in Treasury Regulations section 1.721(c)-1T(b)(14).

Enter the date the sole member signs the member’s consent statement for the single-member LLC. Fill only if 'Is this LLC a business entity disregarded for tax purposes?' is 'Yes'.

Enter the sole owner’s federal taxpayer identification number or Social Security number. Fill only if 'Is this LLC a business entity disregarded for tax purposes?' is 'Yes'.

Enter the sole owner’s full legal name as shown on the owner’s tax return. Fill only if 'Is this LLC a business entity disregarded for tax purposes?' is 'Yes'.

Enter the sole owner’s FEIN, California corporation number, or California Secretary of State file number (as applicable). Fill only if 'Is this LLC a business entity disregarded for tax purposes?' is 'Yes'.

Enter the sole owner’s street address, city, state, and ZIP code. Fill only if 'Is this LLC a business entity disregarded for tax purposes?' is 'Yes'.

Check this box if the ultimate owner of the Single Member LLC is an individual person. Fill only if 'Is this LLC a business entity disregarded for tax purposes?' is 'Yes'.

Check this box if the ultimate owner of the Single Member LLC is a C corporation. Fill only if 'Is this LLC a business entity disregarded for tax purposes?' is 'Yes'.

Check this box if the ultimate owner is a pass-through entity such as an S corporation, partnership, or an LLC taxed as a partnership. Fill only if 'Is this LLC a business entity disregarded for tax purposes?' is 'Yes'.

Check this box if the ultimate owner of the Single Member LLC is an estate or a trust. Fill only if 'Is this LLC a business entity disregarded for tax purposes?' is 'Yes'.

Check this box if the ultimate owner of the Single Member LLC is a tax-exempt organization. Fill only if 'Is this LLC a business entity disregarded for tax purposes?' is 'Yes'.

Enter the start date of the LLC’s fiscal year period covered by this return.

Enter the end date of the LLC’s fiscal year period covered by this return.

Enter the total California income by adding lines 7, 8c, 9c, 10, 11, 12, 13, 14, 15, and 16 (this amount may not be negative). Fill only if 'Line 9c – Total other California rentals (add lines 9a and 9b)', 'Line 10 – California interest', 'Line 11 – California dividends', 'Line 12 – California royalties', 'Line 13 – California capital gains', 'Line 14 – California 1231 gains', 'Line 15 – Other California portfolio income (not loss)', 'Line 16 – Other California income (not loss)' is the sum of all fields (all).

Check this box if California real property transferred to the LLC was excluded from property tax reassessment under Revenue and Taxation Code Section 62(a)(2) and, during the taxable year, more than 50% of the LLC’s ownership interests were cumulatively transferred (and it was not previously reported on a prior year’s tax return).

Check this box if the statement in this question does not apply (i.e., the transferred California real property was not excluded under Section 62(a)(2), or more than 50% of ownership interests were not cumulatively transferred during the taxable year, or it was already reported on a prior year’s tax return).

Check this box if, at any time during the tax year, there were any transfers between the LLC and its members subject to the disclosure requirements of Regulations section 1.707-8.

Check this box if, during the tax year, there were no transfers between the LLC and its members subject to the disclosure requirements of Regulations section 1.707-8.

Check this box if the LLC has a beneficial interest in a trust or is the grantor of a trust.

Check this box if the LLC does not have a beneficial interest in a trust and is not the grantor of a trust.

Check this box if the business entity has previously filed an unclaimed property Holder Remit Report with the State Controller’s Office.

Check this box if the business entity has not previously filed an unclaimed property Holder Remit Report with the State Controller’s Office.

Enter the date the LLC last filed an unclaimed property Holder Remit Report with the State Controller’s Office. Fill only if 'Yes — Previously filed Unclaimed Property Holder Remit Report' is 'Yes'.

Enter the dollar amount last remitted to the State Controller’s Office for unclaimed property. Fill only if 'Yes — Previously filed Unclaimed Property Holder Remit Report' is 'Yes'.

Enter the cents portion of the amount last remitted to the State Controller’s Office for unclaimed property. Fill only if 'Yes — Previously filed Unclaimed Property Holder Remit Report' is 'Yes'.

Enter the total use tax due (this is not added into the total tax amount).

Enter the payments balance by subtracting line 13 from line 12 if line 12 is more than line 13. Fill only if 'Line 12 – Total Payments', 'Line 13 Use Tax' is more than Field 42 (all).

Enter the remaining use tax due by subtracting line 12 from line 13 if line 13 is more than line 12. Fill only if 'Line 12 – Total Payments', 'Line 13 Use Tax' is more than Field 41 (all).

Enter the amount of tax and fee due by subtracting line 14 from line 7 if line 7 is more than line 14. Fill only if 'Total Tax and Fee', 'Line 14 Payments Balance' is more than Field 43 (all).

Enter the overpayment amount by subtracting line 7 from line 14 if line 14 is more than line 7. Fill only if 'Total Tax and Fee', 'Line 14 Payments Balance' is more than Field 36 (all).