MonikaK1
Expert Alumni

State tax filing

Yes, you should have capital loss carryover for California if you have it on your Federal return.

 

If you were a nonresident of California for any years that generated a portion of the loss, then you will have to recalculate your California capital loss carryforward.

 

Line 6 – 2018 California Capital Loss Carryover

If you were a resident of California for all prior years, enter your California capital loss carryover from 2018. However, if you were a nonresident of California during any taxable year that generated a portion of your 2018 capital loss carryover, recalculate your 2018 capital loss carryover as if you resided in California for all prior years. Get FTB Pub. 1100, Taxation of Nonresidents and Individuals Who Change Residency, for more information. Enter your California capital loss carryover amount from 2018 on line 6.(From the 2019 California Schedule D Instructions)

 

if you used TurboTax for 2022, look for your "California Capital Loss Carryover Worksheet". Line 8 shows the value to carry forward to 2018. You should be able to manually fill this in.

 

You also need to have California added to your return in progress in order for the carryover to populate.

 

See here for another discussion of this issue.

 

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