Question

CA Form 540 Deductions

Forum|Forum|11 months ago
April 9, 2025
2 replies
0 views

Why is my California return showing an $81,000,000 deduction to income? The number is no where on my federal return. I cannot figure out where it is pulling that number from. I did not itemize on the federal return.

TurboTax Premier Online

X

xmasbaby0

Have you checked your entries for misplaced decimal points or extra zeros?

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**

S

sneakybakonAuthor

Yes! I've triple checked everything. And there is nothing on my federal return remotely close to this amount.

AmyC

So your federal return is correct and the CA is not. Go through your CA worksheets and forms looking for the errant entries. To print or view your forms, including all worksheets:

In desktop, switch to Forms Mode.
For online:
1. On the left side, select Tax Tools
2. Select Print center
3. Select Print, save or preview this year's return
4. If you have not paid, select pay now.

**Say "Thanks" by clicking the thumb icon in a post**Mark the post that answers your question by clicking on "Mark as Best Answer"

K

KeshaH

If you'd like, we can look at your return and see exactly what you see to help come to a resolution. The return will be scrubbed and won't include any of your personal details.

If you're using TurboTax Online:

Once you're logged in to your account and have your amended return open,

- on the left hand panel, click on Tax Tools and then choose Tools

- on the pop up window, select Share my file with Agent

- you'll see a message saying you'll give us a copy of your tax return. Your personal information will be changed so we can't see any private information.

- click okay and you'll get another message with a token

If you're using TurboTax Desktop:

Click on Online in the top menu of TurboTax Desktop for Windows
Select 'Send Tax File to Agent'
Write down or send an image of your token number and state then place in this issue.
We can then review your exact scenario for a solution

Please reply to this message with your token so that we can further assist you. Let us know all other states that are included on the return.