Question

How determine the California amount of rent loss in TT CA

Forum|Forum|6 years ago
April 9, 2020
1 reply
0 views

I am nonresident of CA, but have rent properties in my State and CA. I enter all rent data and business sale information for Federal taxes, when enter for CA taxes, TT show "Federal Adjusted" amount, but ask me to enter "California Amount" for Profit Loss From Rents, ... How to determine? Would you please help me?

Multiple States

AmyC

Employee

You should have prepared each rental property separately in the federal section. You will need to view your full return. If you have the desktop version, you can look in the forms mode. If you are using online, you will need to see all the forms.

Look at your schedule E's and determine which are California properties and get the profit/loss from the columns on Schedule E for each property.

If you are using online and have not paid for your return, you will need to pay in the print center.