511861
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Attend our Ask the Experts event about Tax Law Changes - One Big Beautiful Bill on Aug 6! >> RSVP NOW!
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

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

 
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Best answer

Accepted Solutions
TerryA
Intuit Alumni

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
Intuit Alumni

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.

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question