tori4444
New Member

Investors & landlords

Why doesn't TurboTax specify that ETFs, REITs, and UITs are the only types of RICs for which capital gains should be reported for the CA state adjustment?  The wording "Regulated Investment Company (IRC) Capital Gains Earned (in federal income)" doesn't indicate they must be from a specific type of investments.  Would you please point us to supporting documentation that says only ETFs, REITs, and UITs qualify?  Thank you.