Transcript 540NR - University of California, San Francisco

Nonresident
Part-Year Resident
Step by Step Example
Sandy Eggo
Citizen of Pandora
Arrived in California on 7/1/2014
Spent the remainder of 2014 in CA
Filing a 1040NR tax return for 2014
Single
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
$8,000
$500
Franchise Tax Board
Wages earned in Pandora before 7/1
Interest Income
State of California
($5,000 of the above is exempt on 1040NR from tax treaty)
SANDY
1122 OCEAN DR
SAN DIEGO
EGGO
123 45 6789
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 Eggo
Citizen of Pandora
Arrived in California on 7/1/2014
Spent the remainder of 2014 in CA
Filing a 1040NR tax return for 2014
Single
Sandy has the following income for 2014:
Wages earned in California
$30,000
$8,000
$500
State of California
Wages earned in Pandora before 7/1
Interest Income
Franchise Tax Board
$20,000 paid from California Institution
$10,000 paid from Pandoran employer
SANDY EGGO
123 45 6789
Pandora
Pandora
182
NO
07/01/2014
Sandy Eggo
Citizen of Pandora
Arrived in California on 7/1/2014
Spent the remainder of 2014 in CA
Filing a 1040NR tax return for 2014
Single
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
$8,000
$500
Franchise Tax Board
Wages earned in Pandora before 7/1
Interest Income
State of California
($5,000 of the above is exempt on 1040NR from tax treaty)
$10,000 paid from Pandoran employer is not taxable by IRS
SANDY EGGO
123 45 6789
Reported for IRS $15,000
Pandora
California wages $30,000
Pandoran wages $ 8,000
Total
$38,000
Pandora
182
NO
$38,000 - $15,000 = $23,000
15,000
07/01/2014
23,000
38,000
30,000
Sandy Eggo
Citizen of Pandora
Arrived in California on 7/1/2014
Spent the remainder of 2014 in CA
Filing a 1040NR tax return for 2014
Single
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
$8,000
$500
Franchise Tax Board
Wages earned in Pandora before 7/1
Interest Income
State of California
($5,000 of the above is exempt on 1040NR from tax treaty)
$10,000 paid from Pandoran employer is not taxable by IRS
SANDY EGGO
123 45 6789
Pandora
Pandora
182
NO
07/01/2014
15,000
0
23,000
500
38,000
500
30,000
Interest is
intangible sourced/taxable
to your place of
residency
15,000
0
23,500
38,500
30,000
15,000
0
23,500
38,500
30,000
15,000
0
23,500
38,500
30,000
123-45-6789
33-0000000
15,000
Research Institute
La Jolla, CA 92037
Sandy Eggo
1122 Ocean Drive
San Diego, CA 92108
123-45-6789
20,000
1,090
2014
During 2014, Sandy donated
$75 to The Puppy Program.
State Income Tax
$1,090
Charitable Donation
$
Total
$1,165
75
Franchise Tax Board
Total Itemized Deductions:
State of California
CA
15,000
0
23,500
38,500
30,000
15,000
0
23,500
38,500
30,000
1,165
1,090
75
75
75
3,992
Page 19
3,992
30,000/38,500
3,992 x .7792
0 7 7 9 2
30,000
3,111
26,889
Research Institute
La Jolla, Ca 92037
Sandy Eggo
1122 Ocean Drive
San Diego, Ca 92108
CA
$20,000
2014
SANDY
1122 OCEAN DR
SAN DIEGO
EGGO
123 45 6789
CA 92108
X
1
108
108
20,000
15,000
0
23,500
38,500
30,000
15,000
0
23,500
38,500
30,000
1,165
1,090
75
75
75
3,992
3,992
0 7 7 9 2
30,000
3,111
26,889
SANDY
1122 OCEAN DR
SAN DIEGO
EGGO
123 45 6789
CA 92108
X
1
108
108
20,000
15,000
15,000
0
23,500
38,500
30,000
15,000
0
23,500
38,500
30,000
1,165
1,090
75
75
75
3,992
3,992
0 7 7 9 2
30,000
3,111
26,889
SANDY
1122 OCEAN DR
SAN DIEGO
EGGO
123 45 6789
CA 92108
X
1
108
108
20,000
15,000
0
15,000
15,000
0
23,500
38,500
30,000
15,000
0
23,500
38,500
30,000
1,165
1,090
75
75
75
3,992
3,992
0 7 7 9 2
30,000
3,111
26,889
SANDY
1122 OCEAN DR
SAN DIEGO
EGGO
123 45 6789
CA 92108
X
1
108
108
20,000
15,000
0
15,000
23,500
38,500
15,000
0
23,500
38,500
30,000
15,000
0
23,500
38,500
30,000
1,165
1,090
75
75
75
3,992
3,992
0 7 7 9 2
30,000
3,111
26,889
SANDY
1122 OCEAN DR
SAN DIEGO
EGGO
123 45 6789
CA 92108
X
1
108
108
20,000
15,000
0
15,000
23,500
38,500
3,992
34,508
EGGO
123-45-6789
1,045
X
1,045/34,508
30,000
0 0 3 0 3
26,889
815
$108 * .7792
815 - 84
0 7 7 9 2
84
731
0
731
0
Non-residents are not
eligible for the renter’s
credit
731
Research Institute
La Jolla, Ca 92037
Sandy Eggo
1122 Ocean Drive
San Diego, Ca 92108
CA
$1,090
2014
EGGO
123-45-6789
1,045
X
30,000
0
0 3 0 3
0
7 7 9 2
26,889
815
84
731
0
731
0
731
1090
Estimated Payments
592-B
1090
1090 - 731
359
359
359
359
250 250 025
X
Sandy Eggo
202020
04/15/2015
359
•
Toll free phone
number
1-800-852-5711
Internet
ftb.ca.gov
•
State of California
Franchise Tax Board