Form 3885L (568) print requirements
To print schedule 3885L (568), California Depreciation and Amortization:
- Go to theOrganizer, followed byOrdinary Income and Deductions, then selectDepreciation and Amortization.
- Go to[name], then selectAsset Detail.
- Addassets with deprecation,section 179, andamortization.
- Go to theOrganizer, followed byStates, then selectCalifornia.
- Go toGeneral Information.
- In theLLC Returnsection make sure you mark the checkbox forGenerate Form 568 California LLC return.
- Clear theDo not generate Form 568 California LLC return when the Federal entity is LLCcheckbox.
- Do a full recompute and print the return.