CA Non-Resident Loss

[hfluss]

I will be receiving a K-1 showing a business loss in California. I am a non-resident and this is the only income/loss I have in CA.

1) Do I need to file to report this loss?

2) Can the loss be carried forward to offset gains in later years?

Thanks!

[ToddL99]

If you think you will have future gains in CA, then you need to file a 2020 CA return to report the loss. Otherwise, there is a good chance (certainty?) that CA will not recognize the offsetting loss in future years.