Drake Tax - Schedules C, E, F: Special Tax Treatment for SMLLC

Article #: 11974

Last Updated: October 17, 2025

 

Tags: Drake Tax.

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To indicate that a Schedule C, E, F, or 4835 is for a Single Member LLC for city or state tax purposes, tie federal information to various state returns by entering an identifying number (1-999) for the LLC in the LLC# box on the C, E, F, or 4835 screen, as applicable. For example, on the first LLC for this return, enter a 1 in the LLC# box.

Note  The LLC# entry field has been moved to the Carryovers/State Info tab on the C, F, and 4835 screens starting in Drake19.

This selection is used for various state returns that recognize a SMLLC selection including:

  • California Form 568 (individual return and partnership package)

  • Kentucky Form 725

  • Philadelphia forms including the NPT and BIRT

  • Tennessee form TN FAE 170

  • Texas Franchise Report

Drake Tax - CA - Form 568 - Single Member LLC

Drake Tax - KY - Form 725

Drake Tax - PA: Philadelphia Form BIRT or NPT

Drake Tax - TX - Generating Texas Franchise Reports