California Rdp Adjustments Worksheet - Recalculated Federal Adjusted Gross Income - 2016 Page 14
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17Part II Adjustments to Federal
Line 33 – Student loan interest deduction
Use the Student Loan Interest Deduction Worksheet in the
Itemized Deductions
federal Form 1040 instructions to determine your student
loan interest deduction.
Line 38 – Federal itemized deductions
For additional information see the federal Form 1040
The following adjustments may be required for
instructions for line 33.
qualified residence interest (IRC Section 163(h)):
Line 34 – Tuition and fees
• Acquisition indebtedness – The aggregate amount
If you paid qualified tuition and fees for yourself, your RDP,
treated as acquisition indebtedness for a period shall
or your dependents, you may be able to take this deduction.
not exceed $1,000,000 ($500,000 in the case of a
For additional information, see federal Form 8917, Tuition
married individual or an RDP filing a separate tax
and Fees Deduction.
return). If your combined acquisition indebtedness is
Line 35 – Domestic production activities deduction
over $1,000,000, enter the amount of interest on your
You may be able to deduct up to nine percent of your
indebtedness (up to $1,000,000) on your recalculated
qualified production activities income.
federal Schedule A (Form 1040), line 10 or line 11.
For additional information see the federal Form 1040
• Home equity indebtedness – The aggregate amount
instructions for line 35.
treated as home equity indebtedness for any period
shall not exceed $100,000 ($50,000 in the case of
Instructions for Column D
a married individual or an RDP filing a separate tax
return). If your combined home equity indebtedness
Column D – Adjusted Federal Amounts
is over $100,000 enter the amount of interest on your
To calculate column D:
indebtedness (up to $100,000) on your recalculated
federal Schedule A (Form 1040), line 10 or line 11.
• Add column A and column B
• Add or subtract column C
Medical and Dental Expenses
• Enter the amount in column D
Taxpayer benefits are extended to include the taxpayer’s
RDP and their dependent(s) for medical expenses and
(column A + column B) ± column C = column D
health insurance benefits.
Line 22 – Total
Combine your medical and dental expenses and apply
Combine line 7 through line 21 in column D.
the 7.5% or 10% limitation rule to your recalculated jointly
Line 36
adjusted gross income to arrive at the amount for line 4 of
Add line 23 through 35 in column D.
the federal Schedule A (Form 1040).
Line 37 – Total
Job Expenses and Certain Miscellaneous Deductions
Subtract line 36, column D from line 22, column D. Enter
Combine your job expenses and miscellaneous deductions
the amount here and on Form 540 or 540NR (Long or
and apply the two percent limitation rule to your
Short), line 13.
recalculated jointly adjusted gross income to arrive at the
Transfer the amounts from column D, line 7 through
amount for line 27 of the federal Schedule A (Form 1040)
line 37 to Schedule CA, column A, line 7 through
line 37.
Page 14 CA RDP Adjustments Worksheet 2016
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