Welcome back! Ask questions, get answers, and join our large community of tax professionals.
Showing results for 
Search instead for 
Did you mean: 

California Rental Sale Depreciation Recapture

Level 3

Hi all. I have a client who had a rental property in California for many years. He stopped using it as a rental in 2017. He sold it in 2023. He is a California Non-Resident now. I've got the federal capital gains and depreciation recapture all set, but I'm not so familiar with California. Do I need to do anything to recapture the California depreciation, or is having it all taxed as ordinary income in California all that is needed? I can't find any way in proseries to deal with the recapture for California. Any help from someone expereiced in California would be appreciated. Thanks!

0 Cheers