CA capital gains and losses question

Discussion in 'Individuals' started by tomkovoor, Mar 17, 2011.

  1. tomkovoor

    tomkovoor

    Joined:
    Mar 17, 2011
    Messages:
    1
    I had a question with regards to capital gains and losses for CA. I am using turbo tax to do my taxes and in the capital gains and losses section they ask on CA source of income for the stocks. Not sure what is meant by CA source of income?? I had questions about 3 situations

    1: Stocks I brought when I lived in NJ and sold off there?? Do I need to report these in CA??
    2: Stocks I brouhgt when in NJ and sold when in CA?? How do I calculate percentage of CA income in those
    3: Stocks of company that I brought when in both states and sold in CA??

    Also I was a resident of NJ in 2009 and lived there for 4 months in 2010 before moving permenantely to CA. Whne I file my NJ taxes do I file as part year resident or non resident?? ANy kind of help is appreciated.

    Regards
    Tom
     
    tomkovoor, Mar 17, 2011
    #1
    1. Advertisements

Want to reply to this thread or ask your own question?

It takes just 2 minutes to sign up (and it's free!). Just click the sign up button to choose a username and then you can ask your own questions on the forum.
Similar Threads
  1. Douglas Harrington

    Capital Gains/Losses Question

    Douglas Harrington, Apr 26, 2004, in forum: Tax
    Replies:
    8
    Views:
    432
    Frank S. Duke, Jr.
    May 3, 2004
  2. PeterOut
    Replies:
    4
    Views:
    906
    LoTax
    Jan 15, 2007
  3. John
    Replies:
    0
    Views:
    604
  4. Paul Hillman
    Replies:
    0
    Views:
    386
    Paul Hillman
    Mar 17, 2013
  5. disneystitch

    Capital and non-capital losses

    disneystitch, Sep 28, 2014, in forum: General Tax Discussion
    Replies:
    0
    Views:
    419
    disneystitch
    Sep 28, 2014
Loading...

Share This Page