PatriciaV
Expert Alumni

Investors & landlords

Yes, you may need to calculate any adjustment for the amount transferred to your California return from your federal return. 

 

As MonikaK1 previously explained, this is based on California Schedule D from your prior year return using the worksheet in the Instructions for California Schedule D. Then enter the adjustment (if any) on the page for income treated differently under Investments >> Capital Loss Carryover From Last Year.

 

@hptao 

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