Home
Forms Library
2021 California Form 3866 Main Street Small Business Tax ...

2021 California Form 3866 Main Street Small Business Tax ...-2025

2021 California Form 3866 Main Street Small Business Tax ... Preview on Page 1

See details

4.6 out of 5

43 votes

The document is a California Schedule K-1 (568) for the taxable year 2021, detailing a member's share of income, deductions, credits, and other financial information related to an LLC. It includes sections for member identification, entity type, profit and loss percentages, liabilities, and various income sources. The form is used for reporting tax-related information for members of an LLC in California.

Here's how it works

01. Edit your form online

Type text, add images, blackout confidential details, add comments, highlights and more.

02. Sign it in a few clicks

Draw your signature, type it, upload its image, or use your mobile device as a signature pad.

03. Share your form with others

Send it via email, link, or fax. You can also download it, export it or print it out.

How to use or fill out 2021 California Form 3866 Main Street Small Business Tax with DocHub

Ease of Setup

DocHub User Ratings on G2

Ease of Use

DocHub User Ratings on G2

Click ‘Get Form’ to open the 2021 California Form 3866 in our platform's editor.
Begin by entering the taxable year at the top of the form. Ensure you select '2021' for accurate processing.
Fill in the member’s name and identifying number in the designated fields. This information is crucial for proper identification.
Indicate the type of entity by checking the appropriate box, such as Individual, LLC, or Corporation. This helps categorize your business correctly.
Complete sections A through K carefully, providing details on income, deductions, and credits as applicable. Use our platform's tools to add notes or explanations where necessary.
Review all entries for accuracy before saving or exporting your completed form. Utilize our editing features to make any last-minute adjustments.

Start using our platform today to fill out your forms online for free!

See more 2021 California Form 3866 Main Street Small Business Tax ... versions

We've got more versions of the 2021 California Form 3866 Main Street Small Business Tax ... form. Select the right 2021 California Form 3866 Main Street Small Business Tax ... version from the list and start editing it straight away!

Versions	Form popularity	Fillable & printable
2022	4.6 Satisfied (22 Votes)
2021	4.6 Satisfied (43 Votes)

be ready to get more

Complete this form in 5 minutes or less

Get form

Got questions?

We have answers to the most popular questions from our customers. If you can't find an answer to your question, please contact us.

What is the small business tax in California?

California corporate taxes Its a flat 8.84%, and applies to net taxable income from any business activity in the state.

Why is the California LLC fee so high?

California LLCs formed after January 1, 2024: Meaning, there is no more waiver (its $800 per year), and the California LLC Annual Franchise Tax is due in the 4th month after your LLC is formed. For example, if your LLC was approved on June 1, 2025: Your first $800 Annual Franchise Tax is due by September 15, 2025.

Do you have to pay the $800 California LLC fee the first year?

Every LLC that is doing business or organized in California must pay an annual tax of $800. This yearly tax will be due, even if you are not conducting business, until you cancel your LLC. You have until the 15th day of the 4th month from the date you file with the SOS to pay your first-year annual tax.

What taxes do small businesses pay in California?

California business tax breakdown Business TypeNet income reportedTaxes owed C corp No AMT of 6.65% + $800 franchise tax S corp Yes 1.5% franchise tax S corp No $800 franchise tax LLC taxed as a C corp Yes Corporate tax of 8.84% + $800 franchise tax8 more rows

Do you have to pay the $800 California LLC fee in 2025?

Small business income tax rate for select states: StateState income tax rates California 9.3% (flat elective tax) OR 0% to 13.30% (personal rate) Ohio 3% (mandatory special rate) New York 4% to 10.90% Pennsylvania 3.07%2 more rows Feb 24, 2025

What is the $5000 tax credit for small businesses?

The IRS allows small businesses to deduct up to $5,000 in startup costs in the first year of operation. Startup costs include necessary expenses incurred before your business officially opens its doors. These expenses must be directly related to getting your business up and running.

Is the California tax deadline extended in 2021?

Yes, California postponed the income tax filing due date for individuals (those who file forms 540, 540 2EZ, and 540NR, including PIT composite returns) for the 2020 tax year from April 15, 2021, to May 17, 2021.

2021 California Form 3866 Main Street Small Business Tax ...-2025

Here's how it works

How to use or fill out 2021 California Form 3866 Main Street Small Business Tax with DocHub

See more 2021 California Form 3866 Main Street Small Business Tax ... versions

Complete this form in 5 minutes or less

Got questions?

What is the small business tax in California?

Why is the California LLC fee so high?

Do you have to pay the $800 California LLC fee the first year?

What taxes do small businesses pay in California?

Do you have to pay the $800 California LLC fee in 2025?

People also ask

What is the $5000 tax credit for small businesses?

Is the California tax deadline extended in 2021?

Related links

Try more PDF tools

2021 California Form 3866 Main Street Small Business Tax ...-2025

Here's how it works

How to use or fill out 2021 California Form 3866 Main Street Small Business Tax with DocHub

See more 2021 California Form 3866 Main Street Small Business Tax ... versions

Complete this form in 5 minutes or less

Got questions?

What is the small business tax in California?

Why is the California LLC fee so high?

Do you have to pay the $800 California LLC fee the first year?

What taxes do small businesses pay in California?

Do you have to pay the $800 California LLC fee in 2025?

Related Searches

People also ask

What is the $5000 tax credit for small businesses?

Is the California tax deadline extended in 2021?

Related links

Try more PDF tools