Line 7b form CA 540 how does one get that value?

[jptradellc]

I am trying to verify a proposed assessment penalty

[macuser_22]

The CA 540 form does not have a line 7b.   Line 7 is your exemptions.

[VolvoGirl]

There is a line 7B on CA (540) for capital gains

https://www.ftb.ca.gov/forms/2020/2020-540-ca.pdf 

Is that what you need?

[jptradellc]

2017 CA 540 does have an item 7b or at least mine does.  I just need to know how that value got there coming from turbo tax.

[macuser_22]

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@jptradellc wrote:

2017 CA 540 does have an item 7b or at least mine does.  I just need to know how that value got there coming from turbo tax.

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I think you are referring to Schedule CA and not the 540 form.

The Schedule CA line 7b is the total of lines 1 to 14 on the "California Wage, IRA and Pensions Adjustments" form.    You would need to look at that form to see where it came form.

[Critter-3]

https://www.ftb.ca.gov/forms/2017/17_540.pdf

https://www.ftb.ca.gov/forms/2017/17_540ca.pdf

https://www.ftb.ca.gov/forms/2017/17-540CA-instructions.html