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Get your taxes done using TurboTax
Hi waveheatin, thank you for posting the question.
The starting point of California Form 540 is with Federal Adjusted Gross Income (AGI) - Form 1040, line 11.
All the rental activities, current final year activities plus recognition of suspended losses, depreciation recapture from prior years are reflected on Schedule 1 Additional Income and Adjustments to Income, Part I, lines 4 and 5, the total of which flows to Form 1040, line 8, which is before Federal AGI.
Please contact Turbotax for live assistance if you have further question.
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Hope this helps.
Thank you,
Kitty
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‎August 30, 2023
11:42 AM