State Capital Loss Carry over

[kata123]

My California capital loss carry over from Previous Year on Form D (540) Line 6, shows the same amount for 2019 and 2020, even though I had capital gains only for both years. The amount on line 6 of Form D (540) should be different for 2019 and 2020, but it is not. I am in the process of doing my Federal Taxes for 2021, and one of the questions from TT is to get information from 2020 Tax Year, the last item reads "Look in CA Form 540, Schedule D, and enter Capital Loss Carry over, if any, as positive amount". The amount on Form D (540) Line 6 for 2020 is incorrect (as mentioned before), how do I reconcile and have the correct amount for 2021? Need guidance. May need to file amended CA state for 2020, Thanks.

[MarilynG1]

Look at your 2020 California Capital Loss Carryover Worksheet from 2020. The Carryover amount for 2021 will be on Part I, Line 8 (screenshot). 

California does generally follow the federal treatment of capital loss carryovers, if your losses occurred during CA residency. Did you have a federal capital loss carryover?

Click this link for more info on Capital Loss Carryover.

If so, this amount should flow to your CA return, where you may be asked to verify the California amount. 

Since we can't see your return in this forum, when you say your Carryover Loss is the same amount for 2019 and for 2020, does this mean that no part of your loss was used in 2020?

If so, the amount could be the same for 2021.