topic Line 7b form CA 540 how does one get that value? in State tax filing

Line 7b form CA 540 how does one get that value?

jptradellc — Thu, 10 Jun 2021 00:59:25 GMT

I am trying to verify a proposed assessment penalty

Re: Line 7b form CA 540 how does one get that value?

macuser_22 — Thu, 10 Jun 2021 01:16:05 GMT

The CA 540 form does not have a line 7b. Line 7 is your exemptions.

Re: Line 7b form CA 540 how does one get that value?

VolvoGirl — Thu, 10 Jun 2021 01:39:24 GMT

There is a line 7B on CA (540) for capital gains

https://www.ftb.ca.gov/forms/2020/2020-540-ca.pdf

Is that what you need?

Re: Line 7b form CA 540 how does one get that value?

jptradellc — Thu, 10 Jun 2021 19:09:06 GMT

2017 CA 540 does have an item 7b or at least mine does. I just need to know how that value got there coming from turbo tax.

Re: Line 7b form CA 540 how does one get that value?

macuser_22 — Thu, 10 Jun 2021 19:46:10 GMT

@jptradellc wrote:

2017 CA 540 does have an item 7b or at least mine does. I just need to know how that value got there coming from turbo tax.

I think you are referring to Schedule CA and not the 540 form.

The Schedule CA line 7b is the total of lines 1 to 14 on the "California Wage, IRA and Pensions Adjustments" form. You would need to look at that form to see where it came form.

Re: Line 7b form CA 540 how does one get that value?

Critter-3 — Thu, 10 Jun 2021 23:43:05 GMT

https://www.ftb.ca.gov/forms/2017/17_540.pdf

https://www.ftb.ca.gov/forms/2017/17_540ca.pdf

https://www.ftb.ca.gov/forms/2017/17-540CA-instructions.html