CA – California 540/540NR Schedule D-1 – Sales of Business Property

Table Of Contents


Article: 50301

Overview

Schedule D-1 is used to report the sale or exchange of business property when the California basis of the assets differs from the federal basis.

Add Schedule D-1

To add Schedule D-1:

  1. Go to the State taxes section.
  2. Select I’d like to see the forms I’ve filled out or search for a form.
  3. In the drop list, select California.
  4. Select the General tab.
  5. Select 540/540NR Schedule D-1 – Sales of Business Property to add and open the form.
  6. Complete the form with your applicable information.
  7. Click Save to apply changes.
Green-highlighted override fields show values pulled from elsewhere in the return — only change these if needed.