Solved: Why isn't California schedule CA 540nr showing an amount in column E for a Ca Rental property that is showing a profit ?
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stangoldstein
New Member

Why isn't California schedule CA 540nr showing an amount in column E for a Ca Rental property that is showing a profit ?

 
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Accepted Solutions
TerryA
Level 7

Why isn't California schedule CA 540nr showing an amount in column E for a Ca Rental property that is showing a profit ?

TT Calif doesn't know how much of a rental profit/loss is Calif-source income. It doesn't pay attention to the address since that's not indicative in all cases.

You have to enter the amount of the total profit/loss that is Calif-source in in column E.

View solution in original post

1 Reply
TerryA
Level 7

Why isn't California schedule CA 540nr showing an amount in column E for a Ca Rental property that is showing a profit ?

TT Calif doesn't know how much of a rental profit/loss is Calif-source income. It doesn't pay attention to the address since that's not indicative in all cases.

You have to enter the amount of the total profit/loss that is Calif-source in in column E.

View solution in original post

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