What is inside a minimum llc tax

What to do with it

Two separate bills hide here: the minimum tax and the annual report fee. Paying one does not settle the other, and the state's own words below give the basis and due date for each.

Closing the LLC is what stops the tax, and only a dissolution filed with the state counts. Stopping business activity leaves the charge running, so get written confirmation of the dissolution.

Opened up by state

3 states tax LLCs by a minimum, whatever the company earns. Find yours below before choosing where to form, since the charge can pass the filing fee within a few years.

• California: $800 a year minimum LLC tax to the Franchise Tax Board (Form FTB 3522), separate from the Statement of Information.
• Kentucky: Limited Liability Entity Tax: a $175 minimum each year to the Department of Revenue.
• Rhode Island: $400 a year minimum tax to the Division of Taxation (Form RI-1065), owed whether or not the LLC makes a profit.

Pages that use it

It turns up here: What is inside LLC formation in each state, What is inside the agent rule in each state, What is inside foreign registration in each state.