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CA deferred Gain

Taxlady16
Level 1

A California 1031 exchange with exchange property out of state property. 

Now the out of state property (gain was deferred) has been sold. 

If I am correct only the deferred gain is taxable to CA. 

Anyone do this before? Having trouble getting CA to balance since the gain is not the same

as federal . 

Tried using state if different and then the M-1 adjustment. Just not working. 

any suggestions? 

 

0 Cheers