565 Schedule EO: Pass–Through Entity Ownership (2025)
California · FTB · Used for tax years 2025
California Schedule EO (565), Pass-Through Entity Ownership, reports entities in which the taxpayer holds less than 100% ownership and disregarded entities the taxpayer owns fully. It lists entity names, identification numbers, California-source income information, and profit and
What you'll need
The form asks for the following information:
- The taxpayer’s name as shown on the tax return, FEIN, and California Secretary of State (SOS) file number.
- Each listed entity’s name, California SOS file number, FEIN, and California source income.
- For entities listed in Part I, the profit and loss percentages.
The form does not name specific documents to gather.
Questions people ask
Which entities go in Part I?
Part I, Partial Ownership, asks you to list entities in which the taxpayer holds less than 100% ownership.
Which entities go in Part II?
Part II, Full Ownership, asks you to list disregarded entities in which the taxpayer holds 100% ownership.
Does Part I ask for separate profit and loss percentages?
Yes. Part I has separate columns for the profit percentage and the loss percentage.
Is California source income requested in both parts?
Yes. Both Part I and Part II have a California source income column. The form refers to instructions for that column, but no instructions were provided here.