TomD8
Level 15

Deductions & credits

A taxable gain from the sale of property located in California is taxable by California, regardless of whether or not you are a California resident.  The amount of your gain that is taxable on your federal return will also be taxable on your California return.  (If you qualify for the capital gain exclusion on your federal return, it will also apply to your California return.)

**Answers are correct to the best of my ability but do not constitute tax or legal advice.