I have a $29510 loss on inherited CA property ( deceased mo-in-law trust). As a CA non res. do I allocate the entire loss when TT asks for "earned/recvd from CA source.?
I have a $29510 loss on inherited CA property ( deceased mo-in-law trust). As a CA non res. do I allocate the entire loss when TT asks for "earned/recvd from CA source.?
Yes, the loss on your inherited California property will be allocated as "earned or received from a California source.
I have a $29510 loss on inherited CA property ( deceased mo-in-law trust). As a CA non res. do I allocate the entire loss when TT asks for "earned/recvd from CA source.?
Yes, the loss on your inherited California property will be allocated as "earned or received from a California source.
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