You won't see anything related to your capital gains/losses on your California tax return unless there is a difference between your California and federal capital gains and losses. The starting point for calculating personal income tax on a California tax return is generally the Federal Adjusted Gross Income (AGI), which includes capital gains and allowed losses. California Schedule D (540), California Capital Gain or Loss Adjustment is filed only if there is a difference between your California and federal capital gains and losses. So if your loss is not being added back as an adjustment to your income on your California return then the loss is included due to it being reflected in your federal AGI.
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