- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Investors & landlords
BTW I found on https://www.ftb.ca.gov/forms/2024/2024-540nr-d-instructions.html:
"Columns C and D should be completed taking into account the dates of the transactions. For column C, multiply the amount in column A by the number of days you were a resident divided by 365 days."
So it looks that in my example the capital gain, $1000, can be reduced by doing: (1000 * 365) / (days-of residency) ?
Is this correct?
Thanks again !
March 14, 2025
6:58 AM