S Corp State late filing I have an S Corp created in 2007, filed the Federal return but forgot to do the CA State return for 2007 however we will not owe taxes since it is the first year.
Can i just file 2007 state return with 2008 this year and pay the $800 for 2008 plus penalties for 2007 or do i have to amend 2007 federal return and the individual returns too due to the flow thru of loss.
Thanks,
John |