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How do I report an indirect rollover that is not taxable on my California state tax return? |
On my federal return, it was reported as tax was witheld and shown on my 1099-R from the investment company. However, I did an indirect rollover and my tax will come back to me as part of my return. Since I still have to submit the 1099-R to the state also, how do I report that on my state return and declare it to be nontaxable. The FTB CA rules are more ambigious than the IRS! All you do in reporting a rollover is attach a statement to the back of the return, |
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