A long time ago when IRA first came out California did not give you the same 2,000 deduction as federal. I think it was only 1500? So you had a 500 basis in CA. I can go look up my old returns. But I'm planning to not bother with it and just ignore it and pay the tax on the whole amount for CA.
I looked up my excel spreadsheets and found one for IRA that has my 1986 federal basis as 2,000 and CA as 1,500. 1987 is 2,000 for both.
