HOPE2
Level 9

Hell to all. I completed single member LLC thru FED sch C and marked it is CA LLC.

I was wondering why I have sch K and on column b ; Amounts from federal k (1065):  line 1 has an amount equal net income of sch C. This is single mem LLC and 568 booklet says when income is more than $300000 should have sch k. I am confused that why sch k is generated. Also, I entered number 1 for line k on 568 pg1-4.

The courtesy of a reply would be appreciated.

0 Cheers