I have a rental property in California, and in 2024 I moved from California to New York. When filling out my CA state return, it asks me to enter the California amount for "Profit or Loss From Rents, Royalties, Partnerships, etc" next to the federal amount, which shows "$0".
I have 2 questions here:
1) Even though in the "Wages & Income" section I entered a loss on my rental of -$20K, the federal amount shows as $0. Is this because my MAGI is above $150,000?
2) Should I also be entering $0 as the California amount here? Or should I enter the actual loss I previously entered in the "Wages & Income" section, which is -$20K?
