Ella moved into California on December 1. She made contributions to her IRA and claimed a...
Ella moved into California on December 1. She made contributions to her IRA and claimed a deduction of $2,000 on her Federal tax return. Her California wages were $500. What is her allowable California deduction?
A. $0B. $500C. $1,000D. $2,000
Homework Answers
A. $0
| California law is the same as federal law with regard to IRA deductions. |
| She is a non-resident though she settles in Deccember there is no information given whether she was the resident in prior years or not.So, her allowable California deduction will be $0. |
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