Retirement income.
CA form 5805, Part III line 1 and 3, is asking for AGI by period. The instructions say to use this schedule if income was at an uneven rate, but income for the year was approximately the same each month.
Ca form 5805 , Part III Line 3 is asking for itemized deductions for the periods shown.
Question: 1) Since income was at an even rate do i need to fill this out?
2) If not, how do I correct this?
3) Do I need to fill out Line 3 if I do not have to file Line 1?
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Since your income was earned evenly throughout the year, you don't need to complete Part III.
You'll need to change your answer on the Annualized Income Method screen to no.
Thanks for the feed back.
How do I get back to the "Annualized Income Method" screen?
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