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Rental Property Income in California Loss in Arizona
Need help with filing state tax returns.
Background: I live overseas and am a non resident for California and Arizona. I have a few rental properties in California and Arizona. My rentals in California generated income, but my Arizona properties have suffered tremendous losses that greatly offset the California income. My federal taxes shows $0 in taxable rental income.
Question 1: Do I need to file AZ income taxes because the losses exceed the rental income. I read other forums that recommend filing anyways.
Question 2: Do I need to file CA income taxes? I am trying to complete the California state tax portion of Turbotax under Rental and Royalty Summary, but the income from the California properties won't transfer over from the Federal Tax side. When I click edit to the California rental to try to adjust the income and add it myself, Turbotax Premier keeps stating
"No Adjustment Required
You do not need to adjust this asset for California purposes. Now we'll return to the asset summary screen."
Thanks for the help!