2019 Instructions for California Schedule D (540) California Capital Gain or Loss Adjustment 1 General Information. In general, for taxable years beginning on or after January 1, 2015, California law conforms to the Internal Revenue Code (IRC) as of January 1, 2015. 2 Purpose. ... 3 Specific Line Instructions. ...Where can I find additional information about California adjustments?
Additional information can be found in FTB Pub. 1001, Supplemental Guidelines to California Adjustments, the instructions for California Schedule CA (540), California Adjustments - Residents, or Schedule CA (540NR), California Adjustments - Nonresidents or Part-Year Residents, and the Business Entity tax booklets.What is the difference between Agi and AGI on Form 540?
The combined federal AGI used to compute limitations is different from the recalculated federal AGI used on Form 540, California Resident Income Tax Return, line 13. In situations where RDPs have no RDP adjustments, these amounts may be the same.What is column B on the California 1040 tax return?
Column B (Part II, Section A, Line 1 through Line 6, and Section B, Line 1 through Line 8) – Subtract income that is not taxable to a California resident such as California lottery winnings and social security benefits. Do not use column B to deduct income that was earned while a nonresident of California or from sources outside of California.