I am a non-resident of California. In entering my California k-1 income, Turbo Tax only asks you to enter the federal number based on California law. It never asks for the California sourced income. For example, if my federal loss is $10,000 and my Federal loss based on California law is $11,000 and my CA sourced income is $1,200, TurboTax picks up the $11,000 amount. When entering the k-1 items, it asks you to enter only numbers that are different from the Federal numbers. (not the CA sourced amount). As a result, TurboTax is calculating my current year CA loss incorrectly and this is putting an incorrect number on CA 3801 that carries forward these losses. I tried to manually enter the correct amount of CA source loss on the worksheet for 3801 but TurboTax will not let me enter a number manually. How do I get TurboTax to correctly recognize my current year, CA sourced k-1 loss rather than the Federal amount adjusted for CA law?
You may have to do an override, but contact Support first.
You may have to do an override, but contact Support first.