CA 540X filing requirement

[E J Schwing]

We (married filing jointly in the USA) filed a 1040X for TY 2014, 2015, & 2016 to correct omissions where we forgot to take a deduction for an ongoing stock loss. The amended returns generated such small refunds that we do not want to take the trouble to file corresponding amended CA 540X state returns which would again generate negligible refunds.

Since we filed the 1040Xs, are we required to file CA 540Xs or can we forego the filings and forfeit any refund. Are there any unintended consequences for not doing so?

 

[Drmdcpa]

You do not need to file 540x but you forgo any loss carry forwards.

 

[E J Schwing]

You do not need to file 540x but you forgo any loss carry forwards.

Many thanks, guess we will need to do it until this thing is absorbed.