Nonresident Part-Year Resident Step by Step Example.
31
540NR Nonresident Part-Year Resident Step by Step Example
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Transcript of Nonresident Part-Year Resident Step by Step Example.
540NRNonresident
Part-Year ResidentStep by Step Example
Sandy EggoCitizen of PandoraArrived in California on 7/1/2014Spent the remainder of 2014 in CAFiling a 1040NR tax return for 2014Single
Sandy has the following income for 2014:
Wages earned in California$30,000$20,000 paid from California Institution$10,000 paid from Pandoran employer
($5,000 of the above is exempt on 1040NR from tax treaty)
Wages earned in Pandora before 7/1 $8,000
Interest Income $500
SCENARIO
Sta
te o
f C
alifo
rnia
Fra
nch
ise T
ax
Board
SANDY EGGO 1 2 3 4 5 6 7 8 9
1122 OCEAN DRSAN DIEGO CA 92108
X
1 108
108
Next:
We need to fill out Schedule CA(540NR) before we can continue
Page 37 in your booklet
State of California
Franchise Tax Board
Sandy EggoCitizen of PandoraArrived in California on 7/1/2014Spent the remainder of 2014 in CAFiling a 1040NR tax return for 2014Single
Sandy has the following income for 2014:
Wages earned in California$30,000$20,000 paid from California Institution$10,000 paid from Pandoran employer
Wages earned in Pandora before 7/1 $8,000
Interest Income $500
SCENARIO
Sta
te o
f C
alifo
rnia
Fra
nch
ise T
ax
Board
SANDY EGGO 123 45 6789
Pandora
Pandora182NO
07/01/2014
Sandy EggoCitizen of PandoraArrived in California on 7/1/2014Spent the remainder of 2014 in CAFiling a 1040NR tax return for 2014Single
Sandy has the following income for 2014:
Wages earned in California$30,000$20,000 paid from California Institution$10,000 paid from Pandoran employer
($5,000 of the above is exempt on 1040NR from tax treaty)
$10,000 paid from Pandoran employer is not taxable by IRS
Wages earned in Pandora before 7/1 $8,000
Interest Income $500
SCENARIO
Sta
te o
f C
alifo
rnia
Fra
nch
ise T
ax
Board
SANDY EGGO 123 45 6789
Pandora
Pandora182NO
07/01/2014
15,000 23,000 38,000 30,000
Reported for IRS $15,000
California wages $30,000Pandoran wages $ 8,000Total $38,000
$38,000 - $15,000 = $23,000
Sandy EggoCitizen of PandoraArrived in California on 7/1/2014Spent the remainder of 2014 in CAFiling a 1040NR tax return for 2014Single
Sandy has the following income for 2014:
Wages earned in California$30,000$20,000 paid from California Institution$10,000 paid from Pandoran employer
($5,000 of the above is exempt on 1040NR from tax treaty)
$10,000 paid from Pandoran employer is not taxable by IRS
Wages earned in Pandora before 7/1 $8,000
Interest Income $500
SCENARIO
Sta
te o
f C
alifo
rnia
Fra
nch
ise T
ax
Board
SANDY EGGO 123 45 6789
Pandora
Pandora182NO
07/01/2014
15,0000
23,000 38,000 30,000
15,000
500 500
0 23,500 38,500 30,000
Interest is intangible - sourced/taxable to your place of residency
15,000 23,500 38,500 30,0000
15,000 0 23,500 38,500 30,000
During 2014, Sandy donated
$75 to The Puppy Program.
Total Itemized Deductions:
State Income Tax $1,090
Charitable Donation $ 75
Total $1,165
123-45-6789
33-0000000
Research Institute
La Jolla, CA 92037
15,000
Sandy Eggo
1122 Ocean Drive
San Diego, CA 92108
CA 123-45-6789 20,000 1,090
2014
S
tate
of
Califo
rnia
Fra
nch
ise T
ax
Board
15,000 23,500 38,500 30,0000
15,000 0 23,500 38,500 30,000
1,165
1,090 75
75
75 3,992
30,000 3,992
0 7 7 9 2 3,111
26,889
30,000/38,500
3,992 x .7792
Page 19
$20,000
2014
CA
Research InstituteLa Jolla, Ca 92037
Sandy Eggo1122 Ocean DriveSan Diego, Ca 92108
SANDY EGGO 1 2 3 4 5 6 7 8 9
1122 OCEAN DRSAN DIEGO CA 92108
X
1 108
10820,000
15,000 23,500 38,500 30,0000
15,000 0 23,500 38,500 30,000
1,165
1,090 75
75
75 3,992
30,000 3,992
0 7 7 9 2 3,111
26,889
SANDY EGGO 1 2 3 4 5 6 7 8 9
1122 OCEAN DRSAN DIEGO CA 92108
X
1 108
10820,000
15,000
15,000 23,500 38,500 30,0000
15,000 0 23,500 38,500 30,000
1,165
1,090 75
75
75 3,992
30,000 3,992
0 7 7 9 2 3,111
26,889
SANDY EGGO 1 2 3 4 5 6 7 8 9
1122 OCEAN DRSAN DIEGO CA 92108
X
1 108
10820,000
15,000 0
15,000
15,000 23,500 38,500 30,0000
15,000 0 23,500 38,500 30,000
1,165
1,090 75
75
75 3,992
30,000 3,992
0 7 7 9 2 3,111
26,889
SANDY EGGO 1 2 3 4 5 6 7 8 9
1122 OCEAN DRSAN DIEGO CA 92108
X
1 108
10820,000
15,000 0
15,00023,50038,500
15,000 23,500 38,500 30,0000
15,000 0 23,500 38,500 30,000
1,165
1,090 75
75
75 3,992
30,000 3,992
0 7 7 9 2 3,111
26,889
SANDY EGGO 1 2 3 4 5 6 7 8 9
1122 OCEAN DRSAN DIEGO CA 92108
X
1 108
10820,000
15,000 0
15,00023,50038,500
3,99234,508
EGGO 123-45-6789
X 1,04530,000
26,8890 0 3 0 3
8150 7 7 9 2
84731
0731
0
731
Non-residents are noteligible for the renter’scredit
1,045/34,508
$108 * .7792
815 - 84
Research InstituteLa Jolla, Ca 92037
Sandy Eggo1122 Ocean DriveSan Diego, Ca 92108
$1,090
2014
CA
EGGO 123-45-6789
X 1,04530,000
26,8890 0 3 0 3
8150 7 7 9 2
84731
0731
0
731
1090
1090
359
3591090 - 731
592-BEstimated Payments
359
359
2 5 0 2 5 0 0 2 5 202020
04/15/2015Sandy Eggo
359X
FOR ADDITIONA
L HELP
• Toll free phone number
1-800-852-5711
• Internet ftb.ca.gov
State of California
Franchise Tax Board
