Step by Step Example Part-Year Resident Nonresident 540NR · sandy eggo 1 2 3 4 5 6 7 8 9 1122...
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540NR Nonresident Part-Year Resident Step by Step Example
Transcript of Step by Step Example Part-Year Resident Nonresident 540NR · sandy eggo 1 2 3 4 5 6 7 8 9 1122...
540NRNonresident
Part-Year ResidentStep by Step Example
Sandy EggoCitizen of PandoraArrived in California on 7/1/2017Spent the remainder of 2017 in CAFiling a 1040NR tax return for 2017Single
Sandy has the following income for 2017:
Wages earned in California $50,000$30,000 paid from California Institution$20,000 paid from Pandoran employer
($5,000 of the above is exempt on 1040NR from tax treaty)
Wages earned in Pandora before 7/1/2017 $8,000Interest Income $500
SCENARIO
SANDY EGGO 1 2 3 4 5 6 7 8 9
SANDY EGGO 1 2 3 4 5 6 7 8 9
1122 OCEAN DRIVE
SAN DIEGO CA 92108
SANDY EGGO 1 2 3 4 5 6 7 8 9
1122 OCEAN DRIVE
SAN DIEGO CA 92108
0 5 2 2 1 9 8 7
√
√
SANDY EGGO 1 2 3 4 5 6 7 8 9
1122 OCEAN DRIVE
SAN DIEGO CA 92108
0 5 2 2 1 9 8 7
SANDY EGGO 1 2 3 4 5 6 7 8 9
1122 OCEAN DRIVE
SAN DIEGO CA 92108
0 5 2 2 1 9 8 7
√
SANDY EGGO 1 2 3 4 5 6 7 8 9
1122 OCEAN DRIVE
SAN DIEGO CA 92108
0 5 2 2 1 9 8 7
√
114
114
1 1
Next:
We need to fill out Schedule CA(540NR) before we can continue
See Handout Schedule CA (540NR)
Sandy EggoCitizen of PandoraArrived in California on 7/1/2017Spent the remainder of 2017 in CAFiling a 1040NR tax return for 2017Filing Status - Single
Sandy has the following income for 2017:
Wages earned in California $50,000$30,000 paid from California Institution$20,000 paid from Pandoran employer
Wages earned in Pandora before 7/1 $8,000Interest Income $500
SCENARIO
SANDY EGGO 1 2 3 4 5 6 7 8 9
√
SANDY EGGO 1 2 3 4 5 6 7 8 9
√
FC
FC 07 01 2017
1 8 4N
Sandy EggoCitizen of PandoraArrived in California on 7/1/2017Spent the remainder of 2017 in CAFiling a 1040NR tax return for 2017Single
Sandy has the following income for 2017:
Wages earned in California $50,000$30,000 paid from California Institution$20,000 paid from Pandoran employer
$5,000 of the above is exempt on 1040NR from tax treaty$20,000 paid from Pandoran employer is not taxable by IRS
Wages earned in Pandora before 7/1/2017 $8,000Interest Income $500
SCENARIO
SANDY EGGO 1 2 3 4 5 6 7 8 9
√FC
FC 07 01 2018
1 8 4N
Reported for IRS $25,000
California wages $50,000Pandoran wages $ 8,000Total $58,000
$58,000 - $25,000 = $33,000
25,000 33,000 58,000 50,000
Sandy EggoCitizen of PandoraArrived in California on 7/1/2017Spent the remainder of 2017 in CAFiling a 1040NR tax return for 2017Single
Sandy has the following income for 2017:
Wages earned in California $50,000$30,000 paid from California Institution$20,000 paid from Pandoran employer
$5,000 of the above is exempt on 1040NR from tax treaty$20,000 paid from Pandoran employer is not taxable by IRS
Wages earned in Pandora before 7/1/2017 $8,000Interest Income $500
SCENARIO
SANDY EGGO 1 2 3 4 5 6 7 8 9
√
FC
FC 07 01 2017
1 8 4N
25,000 33,000 58,000 50,000 250 500 500 0
Interest is intangible - sourced/taxable to your place of residency
25,000 33,500 58,500 50,250
25,000
25,000
0
0
33,500
33,500
58,500
58,500
50,250
50,250
During 2017, Sandy donated
$75 to The Puppy Program.
Total Itemized Deductions:
State Income Tax $2,446
Charitable Donation $ 75
Total $2,521
123-45-6789
33-0000000
Research Institute
La Jolla, CA 92037
25,000
Sandy Eggo
1122 Ocean Drive
San Diego, CA 92108
CA 123-45-6789 30,000 2,446
2017
25,000
25,000
0
0
33,500
33,500
58,500
58,500
50,250
50,250
2,521
25,000
25,000
0
0
33,500
33,500
58,500
58,500
50,250
50,250
2,521
2,446
75
75
25,000
25,000
0
0
33,500
33,500
58,500
58,500
50,250
50,250
2,521
2,446
75
75
75Page 31
25,000
25,000
0
0
33,500
33,500
58,500
58,500
50,250
50,250
2,521
2,446
75
75
754,236
25,000
25,000
0
0
33,500
33,500
58,500
58,500
50,250
50,250
2,521
2,446
75
75
754,236
50,2504,236
25,000
25,000
0
0
33,500
33,500
58,500
58,500
50,250
50,250
2,521
2,446
75
75
754,236
50,2504,236
50,250/58,500 0 8590
25,000
25,000
0
0
33,500
33,500
58,500
58,500
50,250
50,250
2,521
2,446
75
75
754,236
50,2504,236
0 8590
4,236 x .8590
3,639
25,000
25,000
0
0
33,500
33,500
58,500
58,500
50,250
50,250
2,521
2,446
75
75
754,236
50,2504,236
0 85903,639
46,611
SANDY EGGO 1 2 3 4 5 6 7 8 9
1122 OCEAN DRIVE
SAN DIEGO CA 92108
0 5 2 2 1 9 8 7
√
1
114
114
$30,000
2017
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 DRIVE
SAN DIEGO CA 92108
0 5 2 2 1 9 8 7
√
1
114
114
30,000
25,000
25,000
0
0
33,500
33,500
58,500
58,500
50,250
50,250
2,521
2,446
75
75
754,236
50,2504,236
0 85903,639
46,611
SANDY EGGO 1 2 3 4 5 6 7 8 9
1122 OCEAN DRIVE
SAN DIEGO CA 92108
0 5 2 2 1 9 8 7
√
1
114
114
30,000
25,000
25,000
25,000
0
0
33,500
33,500
58,500
58,500
50,250
50,250
2,521
2,446
75
75
754,236
50,2504,236
0 85903,639
46,611
SANDY EGGO 1 2 3 4 5 6 7 8 9
1122 OCEAN DRIVE
SAN DIEGO CA 92108
0 5 2 2 1 9 8 7
√
1
114
114
30,000
25,0000
25,000
25,000
25,000
0
0
33,500
33,500
58,500
58,500
50,250
50,250
2,521
2,446
75
75
754,236
50,2504,236
0 85903,639
46,611
SANDY EGGO 1 2 3 4 5 6 7 8 9
1122 OCEAN DRIVE
SAN DIEGO CA 92108
0 5 2 2 1 9 8 7
√
1
114
114
30,000
25,0000
25,00033,50058,500
25,000
25,000
0
0
33,500
33,500
58,500
58,500
50,250
50,250
2,521
2,446
75
75
754,236
50,2504,236
0 85903,639
46,611
SANDY EGGO 1 2 3 4 5 6 7 8 9
1122 OCEAN DRIVE
SAN DIEGO CA 92108
0 5 2 2 1 9 8 7
√
1
114
114
30,000
25,0000
25,00033,50058,500
4,23654,264
Page 85Total Taxable Income $54,264
EGGO 1 2 3 4 5 6 7 8 9
√ 2,406
25,000
25,000
0
0
33,500
33,500
58,500
58,500
50,250
50,250
2,521
2,446
75
75
754,236
50,2504,236
0 85903,639
46,611
EGGO 1 2 3 4 5 6 7 8 9
√ 2,40650,250
46,611
EGGO 1 2 3 4 5 6 7 8 9
√ 2,40650,250
46,6112,406/54,264 0 0 4 4 4
EGGO 1 2 3 4 5 6 7 8 9
√ 2,40650,250
46,611 0 0 4 4 4 $46,611 * .0444
2,070
EGGO 1 2 3 4 5 6 7 8 9
√ 2,40650,250
46,611 0 0 4 4 4
2,07046,611 / 54,264 0 8 5 9 0
EGGO 1 2 3 4 5 6 7 8 9
√ 2,40650,250
46,611 0 0 4 4 4
2,070 0 8 5 9 0 $114 * .8590
98
EGGO 1 2 3 4 5 6 7 8 9
√ 2,40650,250
46,611 0 0 4 4 4
2,070 0 8 5 9 0
981,972
1,9720
2,070 - 98
EGGO 1 2 3 4 5 6 7 8 9
√ 2,40650,250
46,611 0 0 4 4 4
2,070 0 8 5 9 0
981,972
1,9720
Nonresidents are not eligible for the renter’s Credit.
Eligible if resident for six months or more and AGI from all sources is $40,078 or less if single or MFS.
0
EGGO 1 2 3 4 5 6 7 8 9
√ 2,40650,250
46,611 0 0 4 4 4
2,070 0 8 5 9 0
981,972
1,9720
01,972
EGGO 1 2 3 4 5 6 7 8 9
√ 2,40650,250
46,611 0 0 4 4 4
2,070 0 8 5 9 0
981,972
1,9720
01,972
1,972
123-45-6789
33-0000000
Research Institute
La Jolla, CA 92037
25,000
Sandy Eggo
1122 Ocean Drive
San Diego, CA 92108
CA 123-45-6789 30,000 2,446
2017
EGGO 1 2 3 4 5 6 7 8 9
√ 2,40650,250
46,611 0 0 4 4 4
2,070 0 8 5 9 0
981,972
1,9720
01,972
1,972
2,446California Withholding
EGGO 1 2 3 4 5 6 7 8 9
√ 2,40650,250
46,611 0 0 4 4 4
2,070 0 8 5 9 0
981,972
1,9720
01,972
1,972
2,446
2,446
474
474
1 2 3 4 5 6 7 8 9EGGO
474
1 2 3 4 5 6 7 8 9EGGO
474
4742 5 0 2 5 0 0 2 5 2 0 2 0 2 0√
1 2 3 4 5 6 7 8 9EGGO
474
4742 5 0 2 5 0 0 2 5 2 0 2 0 2 0√
Sandy
Eggo
04/15/2018
[email protected] 1 2 3 4 5 6 7 8 9 0
FOR ADDITIONAL
HELP
Toll free phone number1-800-852-5711
Internet ftb.ca.gov
