Adjustments due to differences between California Schedule K-1 and IRS Schedule K-1 are entered on California Schedule CA (540) California Adjustments - Residents. Please refer to the California Schedule CA (540) Instructions for additional information.
Depreciation adjustments are made on California Form 3885A Depreciation and Amortization Adjustments if there is an IRS Form 4562 Depreciation and Amortization created for the K-1. Passive Activity Loss adjustments are made on California Form 3801 Passive Activity Loss Limitations.
To enter Depreciation and Amortization or Passive Activity Loss adjustments in the California Q&A:
Other adjustments are entered as outlined below and will be incorporated into the total adjustments on California Schedule CA.
To enter Other adjustments in the California Q&A:
Note. While the printed Schedule CA will show these adjustments in total on Line 17, the screen view of the Schedule CA in TaxAct will show three lines, one for each of these adjustments.
Note that any link in the information above is updated each year automatically and will take you to the most recent version of the document at the time it is accessed.