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Get your taxes done using TurboTax
True...with a BUT.
The BUT, is that the software forms for the CA Form 5805 is not scheduled to be implemented until on/after 23 January. So, one wonders if the right amount was in the database from the transferred in 2023 datafile, but the current 5805 doesn't have the number in it since it will only be directed to the correct spot in the final Form 5805.
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I suggest you do not file anything until AFTER the IRS starts accepting Federal files (around/after 29 January), and when you are ready, after that date, check for all updates (if using desktop software) and then go thru all the CA Q&A again to make sure all is in the correct spots.....including a re-examination of the FTB form 5805.
____________*Answers are correct to the best of my knowledge when posted, but should not be considered to be legal or official tax advice.*
‎January 12, 2025
10:30 AM