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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,
showing your name, and social security number, and:


Distribution from IRA, Pension, etc. $ xx,xxx
(Less) Rollover to (Broker's name) (xx,xxx)

Indicate "Statement Attached" on the line reporting Pension Distributions.

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