KochuK
Expert Alumni

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.

How do I contact TurboTax?

https://ttlc.intuit.com/turbotax-support/en-us/help-article/account-management/contact-turbotax/L2y9...

Hope this helps.

Thank you,

Kitty

 

 

 

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