California FTB Releases Form 3832, Limited Liability Company Nonresident Members’ Consent to Tax Distributive Shares

The California Franchise Tax Board Dec. 1 released Form 3832, Limited Liability Company Nonresident Members’ Consent, for individual income tax purposes. The form can be used by limited liability companies (LLC) with one or more nonresident members. The form requires the signature of each member who consents to the state’s jurisdiction to tax the member’s distributive share of the LLC income attributable to California sources. LLCs must attach the form to Form 568, Limited Liability Company Return of Income, and give a copy to each nonresident member. LLCs may use a separate form for each nonresident member or group of ...