Get Ca 540nr Schedule D 2020-2025

Filling out the CA 540NR Schedule D is essential for reporting capital gains or losses for non-residents of California. This guide provides clear, step-by-step instructions to help ensure accuracy and compliance while completing this form online.

Follow the steps to successfully complete the CA 540NR Schedule D.

1. Click ‘Get Form’ button to obtain the form and open it in your document editor.
2. Enter your social security number (SSN) or individual taxpayer identification number (ITIN) in the designated section.
3. In the 'Name(s) as shown on return' section, provide your name or the names of individuals filing jointly as listed on the primary tax return.
4. In column (a), describe the property you sold. For example, you can write ‘100 shares of “Z” Co.’ for easy reference.
5. Enter the sales price of the property in column (b). Ensure that this reflects the total amount received from the sale.
6. In column (c), input the cost or other basis of the property. This is typically what you paid to acquire the asset, including related costs.
7. Calculate the gain or loss. If the cost (column c) is more than the sales price (column b), subtract column (b) from (c) and record it in column (d). Conversely, if the sales price is higher, subtract column (c) from (b) and enter it in column (e).
8. Continue to complete lines 2 through 11, following the instructions for each line. For example, report any capital gains distributions from federal tax forms as needed.
9. For line 8, combine your total gains from line 4 and losses from line 7. This will guide you through the next calculations.
10. On the final lines, enter any differences regarding gain or loss as instructed. Line 12a and 12b will help you determine how to report these on the CA 540NR.
11. Once all fields are completed and checked for accuracy, you can save your changes, download the finished document, print it, or share it as necessary.

Start filling out your CA 540NR Schedule D online today to ensure a smooth filing process.