Capital Gains from a CA property sale provided income that needs to be listed in Column E of part II of the CA 540NR form as income "received from CA sources as a non-resident." But it is not reported there and I see nowhere in Turbo tax to make that designation. I need this to be done so that it properly reports the income as California income. How can I do get this to be recorded properly?
Your capital gain should appear on Line 7 of your California Schedule CA (540NR).
The numbers appear properly on line 7 in columns A (Federal amt) and D (amt if I were a CA resident). The problem is that the value does not show up in column E. In my case, Column E should report the same value as "income earned or received from CA sources as a nonresident". Because it does not show up in that column, my taxes are calculated as if I have no CA income, and that is not correct.
Sometimes the column E amount requires adjustment. Does your CA return include CA Schedule D (540NR)?
See this:
"Full-year nonresidents or part-year residents complete Schedule D (540NR), California Capital Gain or Loss Adjustment, and the Schedule D (540NR) Worksheet for Nonresident and Part-Year Residents, in order to complete column E on Schedule CA (540NR)."
https://www.ftb.ca.gov/forms/2020/2020-540nr-d-instructions.html
The tax forms Turbotax prepared so far does include the Schedule D (540NR), but did not include the "Schedule D (540NR) Worksheet for Nonresident and Part-Year Residents". The worksheet definitely shows how to get the number to add to column E. But how to I get to fill out that worksheet/information in Turbotax so it will be included there?
Unfortunately I don't have the California software on my computer, so I'm unable to duplicate your situation. (I'm a fellow user, not a TT employee.) I'd suggest trying the TT searchbox when your CA return is open.
I think I am having this same problem. Is this a glitch in the software? How do we get a TT person to review and confirm this?
there is a bug in TT Premier. I just spent an hour with a tech support person and ultimately with a CPA/enrolled agent and we were able to manually correct the California forms. I think the agent is writing this up for a software fix, but if you want to call customer support you can reference my case # to see how we resolved the issue Case #[social security number removed]