TomD8
Level 15

Investors & landlords

California Revenue & Tax Code Section 17955 covers your situation.  Here is the text of that law:

https://codes.findlaw.com/ca/revenue-and-taxation-code/rtc-sect-17955.html

 

Note that dividends are NOT taxable to a non-resident of CA if "the taxpayer's only contact with this state is through a broker, dealer, or investment adviser located in this state."

**Answers are correct to the best of my ability but do not constitute tax or legal advice.

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