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CA tax return - "Interest & Dividend Adjustments" and "Adjustment for Investment Income Expenses"
This is my 1st time doing my tax returns using Turbo Tax. In doing CA return - in the section "Adjustment for Investment Income Expenses" - do I put the same amount of fees charged by my Financial Advisor organization that I entered in my Federal return? Or am i misunderstanding this question.
Also - in the "Interest & Dividend Adjustments" section, there are 3 items that had "(in Federal income)" at the end of it. What does that mean? Do I need to put a number in there? I thought that CA taxable income is transferred from Federal taxable income already.
March 17, 2025
3:49 PM