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Section B — Nonresidents and Part-Year Residents Only — Computation of Current Year California NOL

Total

Enter total amounts

Enter amounts

as if you were a

earned or received

Combine

CA resident for

from CA sources

during the portion

from CA sources

columns C and D

entire year.

if you were a nonresident

of the year you were

during the portion

for the entire year.

a CA resident.

of the year you

were a nonresident.

1 Adjusted gross income. See instructions

If negative, use brackets . . . . . . . . . . . . . . . . . .

2 Itemized deductions or standard deduction.

(

) (

)(

)

See instructions. . . . . . . . . . . . . . . . . . . . . . . . .

3 a Combine line 1 and line 2. See instructions.. 3a

b 2014 designated disaster loss included

in line 3a. Enter as a positive number . . . . . 3b

Combine line 3a and line 3b. If negative,

use brackets and continue to line 4 . . . . . . . 3c

Enter amounts on line 4 through line 24 as if they were all positive numbers.

4 Nonbusiness capital losses . . . . . . . . . . . . . . . .

5 Nonbusiness capital gains . . . . . . . . . . . . . . . . .

6 If line 4 is more than line 5, enter the

difference; otherwise, enter -0- . . . . . . . . . . . . .

7 If line 4 is less than line 5, enter the

difference; otherwise, enter -0- . . . . . . . . . . . . .

8 Nonbusiness deductions . . . . . . . . . . . . . . . . . .

9 Nonbusiness income other than capital gains . .

10 Add line 7 and line 9 . . . . . . . . . . . . . . . . . . . . . 10

11 If line 8 is more than line 10, enter the

difference; otherwise, enter -0- . . . . . . . . . . . . . 11

12 If line 8 is less than line 10, enter the

difference; otherwise, enter -0- . . . . . . . . . . . . . 12

13 Business capital losses . . . . . . . . . . . . . . . . . . . 13

14 Business capital gains . . . . . . . . . . . . . . . . . . . . 14

15 Add line 12 and line 14 . . . . . . . . . . . . . . . . . . . 15

16 If line 13 is more than line 15, enter the

difference; otherwise, enter -0- . . . . . . . . . . . . . 16

17 Add line 6 and line 16 . . . . . . . . . . . . . . . . . . . . 17

18 Enter the loss, if any, from line 4 of

Schedule D (540NR) worksheet for nonresidents

and part-year residents. See instructions. . . . . . 18

19 Enter the loss, if any, from line 5 of Schedule D

(540NR) worksheet for nonresidents and

part-year residents. Enter as a positive number. . . 19

20 If line 18 is more than line 19, enter the

difference; otherwise, enter -0- . . . . . . . . . . . . . 20

21 If line 19 is more than line 18, enter the

difference; otherwise, enter -0- . . . . . . . . . . . . . 21

22 Subtract line 20 from line 17. If zero or less,

enter -0- . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 22

23 NOL and disaster loss carryovers from prior

years . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 23

24 Add lines 11, 21, 22, 23 . . . . . . . . . . . . . . . . . . 24

25 Current Year NOL. Combine line 3c and line 24.



See instructions. If more than zero, enter -0- . . 25

If the Individual, Estate, or Trust is using the current year NOL to carryback to offset taxable income for taxable years 2012 and/or 2013, complete Part IV, NOL Carryback,

on Side 4 before completing Part I, Section B, lines 26-28 below. Enter lines 26 and 27 as positive numbers.

26 2014 NOL carryback used to offset 2012

taxable income. Enter the amount from



Part IV, line 3, col. (f) . . . . . . . . . . . . . . . . . . . . . 26

27 2014 NOL carryback used to offset 2013

taxable income. Enter the amount from



Part IV, line 3, col. (h) . . . . . . . . . . . . . . . . . . . . 27

28 2014 NOL carryover to 2015. Combine line 25,

line 26, and line 27.



See instructions. If more than zero, enter -0-. . . 28

Side 2 FTB 3805V 2014

7532143

Form 3805v - California Net Operating Loss (Nol) Computation And Nol And Disaster Loss Limitations Individuals, Estates, And Trusts - 2014 Page 2

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