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Get your taxes done using TurboTax
The best thing to do is first check to see that the amount for California (CA) is the same as federal on your 2023 tax return. Next, for 2024, be sure an amount is carried to the 2024 return and if not enter it yourself. Information below and in the link to help with more details about the CA return and capital loss carryovers.
In general, for taxable years beginning on or after January 1, 2015, California law conforms to the Internal Revenue Code (IRC), there are a few continuing differences between California and federal law. When California conforms to federal tax law changes, they do not always adopt all of the changes made at the federal level. For more information, go to ftb.ca.gov and search for conformity.
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