Obviously I can't verify some of the details you provided in the follow-up, but it appears to be handling it correctly and no errors. So that is a good thing.
W...
Responses to your follow-up reply:
While you may not technically own any shares, for tax purposes you in fact own 100%; so essentially all or any shares.
You s...
Response to your question(s):
Report it on line 14 with all other taxes
Since you are on the cash basis, report this expense when paid
The language you are ref...
While you may not have any current CA tax liability from the rental property, CA has the potential for assessing a failure to file penalty, etc.
I haven't looke...