About speedway121

speedway121 · ‎October 11, 2019

Hi Daniel, how does this change if he was not in the military. IE ; the taxpayer was in TX and made $200k in non-CA sources (TX W-2) adn the spouse was in CA and made $50k in CA sources What do we report on the MFJ CA SCH 540 NR as taxable ca income? Is it 50k?

speedway121 · ‎October 10, 2019

I am a CA nonresident in 2018 and had 7k in capital gains on schedule D. Wife is CA resident in 2018 and had 0 capital gains attributed to her accounts. We are MFJ federal and CA state. The capital gains of 7k were all from my personal stock account which existed before we married. do I need to split the capital gains 50/50 on the SCH CA 540 NR? IE do I have to claim $3500 of CA income from the capital gains? The FTB publication does not tell me what to do with capital gains! It only talks about interest and dividends. https://www.ftb.ca.gov/forms/2018/18_1031.pdf

speedway121 · ‎October 8, 2019

@Critter Premium was paid by the employer. Received a W2 already and the 3rd party box was NOT checked. So is it fully taxable then?

speedway121 · ‎October 8, 2019

We started and dissolved a single member LLC in CA. we issued a shortform dissolution to the secretary of state within 2 months from starting the business. According to the short form we dont owe 800 tax, where do I capture the credit? Do I capture the credit on this line form 568 U2?

speedway121 · ‎October 7, 2019

No schedule C when there is a 2106 - unreimbursed employee expenses, so where does it go then?

speedway121 · ‎October 7, 2019

My wife had unreimbursed employee expenses in form 2106 (not 8829). As part of this she had a home office. TT is saying that if we are not itemizing then to not include property taxes here and later put it in "EXCESS PROPERTY TAXES" - but I am not given an option to do so ANYWHERE. Again this is not form 8829, it is 2106.

speedway121 · ‎October 7, 2019

I am filling out the TT questionnaire and it says to report 'excess real estate taxes' at the end of the return? Where!?

speedway121 · ‎October 7, 2019

My wife is a w2 employee, received 10k in disability pay (maternity benefit from the company). It was paid out from the company she works for. Basically she had X weeks paid at Y% post delivery. I think this was verified thru a 3rd party (UNUM) but was paid out by the company she works for. Is this tax free? How do I exclude it from income, if so? (Federal) How do I exclude it from income in CA if it is allowed to be excluded?

speedway121 · ‎June 19, 2019

am I required to file MFS for each spouse? I had CA sourced income but I am a CA non resident. Spouse is full year CA resident. Am I REQUIRED TO FILE A CA MFS? or can I do a MFJ?

speedway121 · ‎June 19, 2019

Do I file the final tax return in 2018 or 2019? Business wound down in 2018 (I didnt pay CA the $800 LLC fee in2019). 1099 is coming in 2019. Which year do I check the box as "final tax return" ????

Re: For this situation, California want you to fil...

CA STATE Capital Gains - Community Property Taxpa...

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CA Form 568 U (2) Are there credits or credit carr...

Re: Where do I report excess real estate taxes?

excess real estate taxes on 2106 employee business...

Where do I report excess real estate taxes?

My wife was pregnant, received disability pay is i...

CA- Wife is a full year CA resident. I am a full...

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