LLC estimated fee due June 15.
Position | Due soon |
For most calendar year LLCs, June 15 is when their 2011 estimated LLC fee is due. For fiscal year LLCs, the estimated fee is due on the 15th day of the sixth month of the current taxable year. The estimated fee requirement is 100 percent of the current taxable year fee. If a payment is late or less than the amount owed, the FTB will assess 10 percent of the underpaid fee penalty, which amounts to the difference between the current taxable year LLC fee and the estimated fee paid on or before the estimated fee due date.
LLCs can avoid the penalty if their estimated...
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