Sale of rental property in California

[Vidyaprakash54]

I sold my rental in California for $518000; the appraised value was $520000. I calculated my total depreciation to be $68000 over the years. I am at 15% Federal tax bracket with $30000 taxable income (not including capital gains or total depreciation). How do I calculate the California taxes due?

[Bsch4477]

The profit is a capital gain which California treats as ordinary income so it is taxed at your California marginal tax rate.