asked

I am having difficulty completing my California return for my Virginia LLC due to issues with apportionment, particularly with capital gains. I have a Sec. 1231 gain from selling a townhome in Virginia and am using Schedule R. I placed the gain on line 13 and a zero on line 32, but the form does not accept the zero, and it does not carry forward to Schedule D-1 and Form 568. I am unsure if I am completing the forms in the wrong order or if there is another issue. Can you provide guidance on the correct order to complete CA Form D-1, Sch K, and Schedule R, and how to handle the zero issue?

September 26th, 2024

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