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California

Form 3885L (568) print requirements

To print schedule 3885L (568), California Depreciation and Amortization:
  1. Go to the
    Organizer
    , followed by
    Ordinary Income and Deductions
    , then select
    Depreciation and Amortization
    .
  2. Go to
    [name]
    , then select
    Asset Detail
    .
  3. Add
    assets with deprecation
    ,
    section 179
    , and
    amortization
    .
  4. Go to the
    Organizer
    , followed by
    States
    , then select
    California
    .
  5. Go to
    General Information
    .
  6. In the
    LLC Return
     section make sure you mark the checkbox for
    Generate Form 568 California LLC return
    .
  7. Clear the
    Do not generate Form 568 California LLC return when the Federal entity is LLC
     checkbox.
  8. Do a full recompute and print the return.

This article applies to:

  • PRODUCT: ONESOURCE Income Tax Express RS
  • Return type: 1065 Partnership
  • State: California
  • Subject: Print requirements

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