- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Investors & landlords
When I change to the Forms view, I see that the value is entered on line 9, column B of Form CA(540NR). I found the instructions for that form, and they say "Get FTB Pub. 1001, if you received dividend income from Undistributed capital gains for regulated investment company (RIC) shareholders". I found FTB Pub. 1001. It says "If capital gain from a RIC is earned in one year and distributed in a later year, enter the capital gain included in federal income for the year earned on Schedule CA (540 or 540NR), line 9, column B and enter the capital gain for the year distributed on Schedule CA (540 or 540NR), line 9, column C." So, the instructions from California indicate that I should only enter capital gains that are earned in one year and distributed in a later year. Turbotax does not make that clear at all.
‎June 4, 2019
5:13 PM
4,890 Views