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