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September 5, 2023
Question

Part-Year Resident - Carryover Loss (move from CA to WA)

  • September 5, 2023
  • 1 reply
  • 0 views

TurboTax is asking me to fill in Schedule D worksheet.

 

Specifically, Column B is asking for "amounts earned or received from CA sources as if you were a nonresident for the entire year".

 

What does this mean and how do I figure out what this value is?

 

    1 reply

    Employee
    September 5, 2023

    See Change of Residency from California (move out) in Section H, "Capital Gains and Losses", in this CA tax reference:

    https://www.ftb.ca.gov/forms/misc/1100.html#section-g

    **Answers are correct to the best of my ability but do not constitute tax or legal advice.
    chengatAuthor
    September 10, 2023

    Thanks!

     

    The example uses property sales as an example.

     

    So is this about the sales of california property that could result in a gain or loss, only?

    Employee
    September 11, 2023

    Section H applies to "Capital Gains and Losses", whether they be from investments or real estate.

    **Answers are correct to the best of my ability but do not constitute tax or legal advice.