Form 5680-2025

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Purpose. Form 565 is an information return for calendar year 2024 or fiscal years beginning in 2024. Use Form 565 to report income, deductions, gains, losses, etc., from the operation of a partnership.
Form 565, Partnership Return of Income, is used by partnerships to report their income, deductions, gains, losses, etc. to the California Franchise Tax Board. Form 568, Limited Liability Company Tax Booklet, is used by California LLCs to report their tax information and pay any taxes due to the state.
TaxAct supports e-file for one copy of Form 568 in the 1040 product. Additional copies will need to be paper-filed.
Use Form 568 to: Determine the amount of the LLC fee (including a disregarded entitys fee) based on total California income. Report the LLC fee. Report the annual tax.
With payment: Franchise Tax Board, P.O. Box 942857, Sacramento, CA 94257-0501. Without payment: Franchise Tax Board, P.O. Box 942857, Sacramento, CA 94257-0500.
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You must file a Partnership Return of Income (Form 565) if youre: Engaged in a trade or business in California. Have income from California sources. Use a Pass-Through Entity Ownership (Schedule EO 568) to report any ownership interest in other partnerships or limited liability companies.

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