California California Capital Gain or Loss Adjustment

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

2019

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
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 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 2019 gains from all sources. Add column (e) amounts of line 1, line 2, and line 3 . . . . . . . . . . . . . . . . . . . . . . .

4

5	 2019 loss. Add column (d) amounts of line 1 and line 2.  . . . . . . . . . . . . . . . . . . . . . . . . . . . .

  5	 (	

)

6	 California capital loss carryover from 2018, if any. See instructions. . . . . . . . . . . . . . . . . . . . .

6	 (

)

7	 Total 2019 loss. Add line 5 and line 6 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

7	 (

)

For Privacy Notice, get FTB 1131 ENG/SP.

7761193

Schedule D (540) 2019 Side 1

  8	 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 separate). See instructions . . . . . .

	 9	 (	)

10	 Enter the gain or (loss) from federal Form 1040 or 1040-SR, line 6  . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

	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 6, 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 6, column C . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

	12b

	
	

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Side 2 Schedule D (540) 2019

7762193

Extracted from PDF file 2019-california-form-540-schedule-d.pdf, last modified November 2019

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More about the California Form 540 Schedule D Individual Income Tax

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 February 2020, and the latest form we have available is for tax year 2019. This means that we don't yet have the updated form for the current tax year. Please check this page regularly, as we will post the updated form as soon as it is released by the California Franchise Tax Board. You can print other California tax forms here.

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

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 February 2020.

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 nine 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:

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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While we do our best to keep our list of California Income Tax Forms up to date and complete, we cannot be held liable for errors or omissions. Is the form on this page out-of-date or not working? Please let us know and we will fix it ASAP.