California California Capital Gain or Loss Adjustment

California Capital Gain or Loss Adjustment
2024 Schedule D (540) California Capital Gain or Loss AdjustmentTAXABLE YEAR

2024

California Capital Gain or Loss Adjustment

SCHEDULE

Name(s) as shown on return

 1

D (540)

Do not complete this schedule if all of your California gains (losses) are the same as your federal gains (losses).

(a)
Description of property
Example: 100 shares of “Z” Co.

SSN or ITIN

(b)
Sales price

(c)
Cost or other basis

(d)
(e)
Loss
Gain
If (c) is more than (b), If (b) is more than (c),
subtract (b) from (c) subtract (c) from (b)

a
b
c
d
e
f
g
h
i
j
k
l
m
n
o
p
q
r
s
t
u
v
2

Net gain or (loss) shown on California Schedule(s) K-1 (100S, 541, 565, and 568). . . . . . . . . . 2

 3	 Capital gain distributions (federal Form 1099-DIV, box 2a)  . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

3

4	 Total 2024 gains from all sources. Add column (e) amounts of line 1, line 2, and line 3 . . . . . . . . . . . . . . . . . . . . . . .

4

5	 2024 loss. Add column (d) amounts of line 1 and line 2.  . . . . . . . . . . . . . . . . . . . . . . . . . . . .

  5	 (	

)

6	 California capital loss carryover from 2023, if any. See instructions. . . . . . . . . . . . . . . . . . . . .

6	 (

)

7	 Total 2024 loss. Add line 5 and line 6 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

7	 (	

)

For Privacy Notice, get FTB 1131 EN-SP.

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Schedule D (540) 2024 Side 1

Side 2

8	 Net gain or (loss). Combine line 4 and line 7. If a loss, go to line 9. If a gain, go to line 10 . . . . . . . . . . . . . . . . . . . . . .
9	 If line 8 is a loss, enter the smaller of: 	

8

a  the loss on line 8.
b  $3,000 ($1,500 if married/RDP filing separately). See instructions . . . . .

9	 (

10	 Enter the gain or (loss) from federal Form 1040 or 1040-SR, line 7  . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

10

11	 Enter the California gain from line 8 or (loss) from line 9  . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

11

12	 a	 If line 10 is more than line 11, enter the difference here and on Schedule CA (540), Part I,
Section A, line 7, column B . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

12a

b	 If line 10 is less than line 11, enter the difference here and on Schedule CA (540), Part I,
Section A, line 7, column C . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

	12b

	

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Side 2 Schedule D (540) 2024

7762243

)

Extracted from PDF file 2024-california-form-540-schedule-d.pdf, last modified September 2024

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More about the California Form 540 Schedule D Individual Income Tax TY 2024

Do not complete this schedule if all of your California gains (losses) are the same as your federal gains (losses).

We last updated the California Capital Gain or Loss Adjustment in January 2025, so this is the latest version of Form 540 Schedule D, fully updated for tax year 2024. You can download or print current or past-year PDFs of Form 540 Schedule D directly from TaxFormFinder. You can print other California tax forms here.

Related California Individual Income Tax Forms:

TaxFormFinder has an additional 174 California income tax forms that you may need, plus all federal income tax forms. These related forms may also be needed with the California Form 540 Schedule D.

Form Code	Form Name
Form 540 Schedule CA	California Adjustments - Residents
Form 540 Schedule CA INS	Instructions and Forms for Schedule CA (540)
Form 540 Schedule P	Alternative Minimum Tax and Credit Limitations - Residents Tax Credit
Form 540 Schedule G-1	Tax on Lump-Sum Distributions
Form 540 Schedule D-1	Sales of Business Property
Form 540 Schedule S	2019 Instructions Schedule S Tax Credit

Download all CA tax forms View all 175 California Income Tax Forms

Form Sources:

California usually releases forms for the current tax year between January and April. We last updated California Form 540 Schedule D from the Franchise Tax Board in January 2025.

Show Sources >

About the Individual Income Tax

The IRS and most states collect a personal income tax, which is paid throughout the year via tax withholding or estimated income tax payments.

Most taxpayers are required to file a yearly income tax return in April to both the Internal Revenue Service and their state's revenue department, which will result in either a tax refund of excess withheld income or a tax payment if the withholding does not cover the taxpayer's entire liability. Every taxpayer's situation is different - please consult a CPA or licensed tax preparer to ensure that you are filing the correct tax forms!

Historical Past-Year Versions of California Form 540 Schedule D

We have a total of fourteen past-year versions of Form 540 Schedule D in the TaxFormFinder archives, including for the previous tax year. Download past year versions of this tax form as PDFs here:

2024 Form 540 Schedule D

2024 Schedule D (540) California Capital Gain or Loss Adjustment

2023 Form 540 Schedule D

2023 Schedule D (540) California Capital Gain or Loss Adjustment

2022 Form 540 Schedule D

2022 Schedule D (540) California Capital Gain or Loss Adjustment

2021 Form 540 Schedule D

2021 Schedule D (540) California Capital Gain or Loss Adjustment

2020 Form 540 Schedule D

2020 Schedule D (540) California Capital Gain or Loss Adjustment

2019 Form 540 Schedule D

2019 Schedule D (540) California Capital Gain or Loss Adjustment

2018 Form 540 Schedule D

2018 Schedule D (540) - California Capital Gain or Loss Adjustment

2017 Form 540 Schedule D

2017 Schedule D (540) - California Capital Gain or Loss Adjustment

2016 Form 540 Schedule D

2016 Schedule D (540) California Capital Gain or Loss Adjustment

2015 Form 540 Schedule D

2015 Form 3726 -- Deferred Intercompany Stock Account (DISA) and Capital Gains Information

2014 Form 540 Schedule D

2014 Schedule D (540) -- California Capital Gain or Loss Adjustment

California Capital Gain or Loss Adjustment (Fill-in)

2013 Form 540 Schedule D

2013 Schedule D (540) -- California Capital Gain or Loss Adjustment

2012 Form 540 Schedule D

2012 Schedule D (540) -- California Capital Gain or Loss Adjustment

2011 Form 540 Schedule D

2011 Schedule D (540) -- California Capital Gain or Loss Adjustment

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