I sold my rental in California for $518000; the appraised value was $520000. I calculated my total depreciation to be $68000 over the years. I am at 15% Federal tax bracket with $30000 taxable income (not including capital gains or total depreciation). How do I calculate the California taxes due?
Enter your E-mail address. We'll send you an e-mail with instructions to reset your password.
©1997-2022 Intuit, Inc. All rights reserved.
Intuit,
QuickBooks, QB, TurboTax, ProConnect, and Mint are registered
trademarks
of Intuit Inc. Terms and conditions, features, support, pricing,
and service options
subject to change without notice.
Security
Certification of the TurboTax Online application has been
performed by
C-Level Security.
By accessing and using this page you
agree to the
Terms of Use.
Accessibility
