I have a federal capital loss carryover and am filing in California. What do I put in California capital loss carryover (AMT vs not)?

So when the Turbo Tax program directs me, a full-time California resident, to insert the amount of my California capital loss carryforward for tax year 2019, should I be inserting the same amount as my federal capital loss carryforward?

It depends, on whether or not the capital loss carryover relates to losses for investments sold while a resident of California. Please clarify your question.

Please be aware that Capital losses (short-term or long-term) cannot be carried back to an earlier year. You can deduct a net loss of up to $3,000 ($1,500 if married filing separately). Any capital loss you couldn't deduct this year can be carried forward and deducted on future tax returns as a capital loss carryover.

Typically yes, California follows federal law that allows regulated investment companies to treat net capital loss carryovers similar to the treatment available to individuals. See the rules below relating to Capital Loss carryover, Form 540, Line 6

Line 6 – 2021 California capital loss carryover.
If you were a resident of California for all prior years, enter your California capital loss carryover from 2020. However, if you were a nonresident of California during any taxable year that generated a portion of your 2020 capital loss carryover, recalculate your 2021 capital loss carryover as if you resided in California for all prior years. Get FTB Pub. 1100, Taxation of Nonresidents and Individuals Who Change Residency, for more information. Enter your California capital loss carryover amount from 2021 on line 6.

See how to enter Capital Loss in the link below and a link for California Capital Loss Carryover rules:

Capital Loss

California Capital Loss Carryover

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