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Deductions & credits
Thank you for the follow-up. Your carryover amount would be $5,206. Because your CA Schedule D line 12a is blank and line 12b has a $0, means that you have no CA adjustments to make. That means that your federal capital loss is no different than your CA capital loss.
Thus, you will have a $3,000 capital loss on your federal return (line 7 of Form 1040), and your adjusted gross income from your federal return (line 11 of Form 1040) will transfer to line 13 of your CA return, CA Form 540. Because you have used $3,000 of your total capital loss of $8,206, you will have $5,206 to carryover to tax year 2022.
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‎April 18, 2022
9:13 AM