topic Is the California Investment Expense subject to the 2% limitation as is the Federal deduction? in Investors & landlords https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/is-the-california-investment-expense-subject-to-the-2-limitation-as-is-the-federal-deduction/01/463566#M19395 <P>My Federal investment expenses were limited by the 2% requirement. Is the California investment expenses limited also?</P> Tue, 04 Jun 2019 23:39:39 GMT njnickyjohnson 2019-06-04T23:39:39Z Is the California Investment Expense subject to the 2% limitation as is the Federal deduction? https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/is-the-california-investment-expense-subject-to-the-2-limitation-as-is-the-federal-deduction/01/463566#M19395 <P>My Federal investment expenses were limited by the 2% requirement. Is the California investment expenses limited also?</P> Tue, 04 Jun 2019 23:39:39 GMT https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/is-the-california-investment-expense-subject-to-the-2-limitation-as-is-the-federal-deduction/01/463566#M19395 njnickyjohnson 2019-06-04T23:39:39Z Yes, Calif has the same 2% limitation for certain itemize... https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/yes-calif-has-the-same-2-limitation-for-certain-itemize/01/463572#M19396 <P>Yes, Calif has the same 2% limitation for certain itemized deductions. You can see that happening on the Calif 3526 Worksheet, line 14a.<BR /></P> Tue, 04 Jun 2019 23:39:40 GMT https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/yes-calif-has-the-same-2-limitation-for-certain-itemize/01/463572#M19396 TerryA 2019-06-04T23:39:40Z