My California capital loss carry over from Previous Year on Form D (540) Line 6, shows the same amount for 2019 and 2020, even though I had capital gains only for both years. The amount on line 6 of Form D (540) should be different for 2019 and 2020, but it is not. I am in the process of doing my Federal Taxes for 2021, and one of the questions from TT is to get information from 2020 Tax Year, the last item reads "Look in CA Form 540, Schedule D, and enter Capital Loss Carry over, if any, as positive amount". The amount on Form D (540) Line 6 for 2020 is incorrect (as mentioned before), how do I reconcile and have the correct amount for 2021? Need guidance. May need to file amended CA state for 2020, Thanks.
