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Out of state LLC, in Alaska..

February 15, 2017 • Anonymous • Log In to Post Comments

California Taxpayer. is a member in 2 LLC in Alaska.  Income taxable in Calif   before LLC;S 

$600,000. plus Taxable Alaska LLC  of $300,000.  The other Alaska LLC has a loss of $(800,000).  My

delema is the Loss LLC is made up of  special depeciation expenses of $750,000.  If a Calif return was required to be filed in Calif the Expensing Depreciation would not be allowed.  But no California Actividy.  Is an adjutment required to be made to California.


You must compute the income taxable to CA under CA law even if the activity is in another state. So the CA income will be larger than the federal income.


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