Column E on the CA 540NR is the Net Rental Income (Income less expenses), unless you have depreciable assets that need adjusting (TurboTax should automatically adjust this for you.)
Adjustments to federal income or loss you reported in column A generally are necessary because of the difference between California and federal law relating to depreciation methods, special credits, and accelerated write-offs. As a result, the recovery period or basis used to figure California depreciation may be different from the recovery period or amount used for federal purposes.
California law does not conform to federal law for material participation in rental real estate activities.
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