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fkhalilz
Level 3

CA (540NR) - Line #7: I owned a home/property in CA?

Hello,

 

I own rental properties in California but my home is in Texas and I am a resident of Texas. How do I answer this question in the CA (540NR) form? Are they only interested in if my home is in California or are they interested to know if I have ANY property in California?

 

Line #7: I owned a home/property in CA (enter Y for Yes, N for No)

 

Thank you!

1 Best answer

Accepted Solutions
JeffreyR77
Expert Alumni

CA (540NR) - Line #7: I owned a home/property in CA?

Perfect.  Thank you.  Your answer to owning property in CA by itself has no effect on your taxes.  None.   

 

California asks that question, in conjunction with the other questions on this form to determine if nonresidents truly are nonresidents.  

View solution in original post

5 Replies
AmyC
Employee Tax Expert

CA (540NR) - Line #7: I owned a home/property in CA?

Yes, you own property in CA. Answer yes. Your welcome!

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fkhalilz
Level 3

CA (540NR) - Line #7: I owned a home/property in CA?

Thank you for the answer!

 

How does this answer (Yes or No) affect my California taxes?

 

What I mean is that, as a California non-resident, there is a section where I enter my income from each rental property and I specify whether the income was derived from California sources. So I get taxed on the income that was earned from California sources and not on the income earned elsewhere. So how does answering this question Yes or No affect my taxes?

 

Thanks again!

JeffreyR77
Expert Alumni

CA (540NR) - Line #7: I owned a home/property in CA?

Please clarify where you are seeing this question.  That question is not part of the CA 540NR tax form :

 

fkhalilz
Level 3

CA (540NR) - Line #7: I owned a home/property in CA?

Please see Line #7 in the California Adjustments form.

 

California Adjustments Form CA (540NR).JPG

JeffreyR77
Expert Alumni

CA (540NR) - Line #7: I owned a home/property in CA?

Perfect.  Thank you.  Your answer to owning property in CA by itself has no effect on your taxes.  None.   

 

California asks that question, in conjunction with the other questions on this form to determine if nonresidents truly are nonresidents.  

View solution in original post

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