Arizona 140nr Tax Form

[Kingenzo16]

I am a CA resident. I’m not sure how to calculate line 20 for capital gains/losses for Arizona source for tax form 140nr. 

Do I just calculate the offset from my CA gain and my AZ loss plus add the 3k max capital loss deduction to get the input for line 20? 

Does anyone know what would be the proper way to calculate this. 

from what I read online it seems like AZ will only allow for the matching of the (3,000) max capital loss deduction so why would I not put (3,000)? 

[JamesG1]

Arizona form 140 Nonresident Personal Income Tax Booklet or line 20 on page 13, here states:

NOTE

If you reported the maximum allowable net capital (loss) for the current taxable year on your federal return, enter the total amount of Arizona sourced loss used to compute the net capital loss claimed on your federal return.

You are not reporting any values.  

If you had a CA gain of $3,000 and a AZ loss of $6,000 reported on your federal income tax return, you would report the $6,000 actually used on line 20.

If you had a CA gain of $3,000 and a AZ loss of $7,000 reported on your federal income tax return, you would still report the $6,000 actually used on line 20. 

[Kingenzo16]

Yes the note on the instructions says that but the example under it which uses the 3000 federal deduction says to use the AZ capital loss and subtract the carryover from it to get your value for line 20. 

Let’s say for example it’s a 60k capital loss in AZ.
and a 25k gain from CA. Would I enter 60k on line 20 (like the note would suggest since I used the 3k deduction on federal return) or would I enter like the  35k on line 20 (like the calculation under line 20 instructions explain it: 60k - 25k =35k ) ?

[JamesG1]

If you had a CA gain of $25,000 and an AZ loss of $60,00 reported on your federal income tax return, you would report the $25,000 used plus the $3,000.  Enter $28,000.  

You would carryforward the balance.