geo1
Level 2

State tax filing

Hi @JotikaT2 the link you provided has the word "elect" in a few spots but none of those seem related to the question. 

 

The question is, when turbotax, for CA asks:

"Enter the portion of the net capital gain amount that you elect to include in investment income" and has a blank cell.

 

For those with typical capital gains from stock sales, etc, what should they "elect" to include in that cell?

 

1) leave the cell blank?

2) Enter "0"?

or

3) Fill in the net federal gain (which is listed in the text)?

 

The instructions aren't clear, at least to me, and it seems to a couple others in this thread. Thanks!