California Capital Gain or Loss

Capital Gain or Loss
2023 Capital Gain or Loss California Schedule D (541)TAXABLE YEAR

2023

CALIFORNIA SCHEDULE

Capital Gain or Loss

D (541)

Attach to Form 541 or Form 109.
Name as shown on the tax return

Part I
1

FEIN

Capital Gain and Loss

(a)
Description of property:
Example, 100 shares 7%
preferred of “Z” Co.

(b)
Date acquired
(mm/dd/yyyy)

(c)
Date sold
(mm/dd/yyyy)

(d)
Gross sales price

(e)
(f)
Cost or other basis, as
Gain (or loss)
adjusted, plus expense of sale column (d) less column (e)

a
b
c
d
e
f
g
h
i
j
k
l
m
n
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p
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 2	 Capital gain from installment sales from form FTB 3805E, line 26 or line 37 .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  . 	
2 
 3	 Enter your share of net gain or (loss) from S corporations, fiduciaries, partnerships, and limited liability companies (LLCs).  .  .  .  .  .  . 	3 
 4	 Capital gain distributions. See instructions.  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  . 	4 
 5	 Net gain or (loss). Combine line 1, column (f), line 2, line 3, and line 4.. .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  . 	
5 
 6	 Enter gain, if applicable, from California Schedule D-1.  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .
6 
 7	 Capital loss carryover from 2022. There is no capital loss carryover from a decedent to an estate.  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .
7 
 8	 Net gain or (loss). Combine line 5, line 6, and line 7. .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .
8 
Part II Summary of Part I
(a)
(b)
Beneficiaries
Fiduciary
 9	 Enter the net gain or (loss) from line 8, above. If line 9, column (c), is a net gain,
enter the gain on Form 541, line 4 or Form 109, Side 2, Part I, line 4a. If line 9,
column (c), is a net loss, complete Part III. See instructions .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  . 9
Part III Computation of Capital Loss Limitation
10	 Enter here and enter as a loss on Form 541, line 4 or Form 109, Side 2, Part I, line 4c the smaller of:
The net loss on line 9, column (c) or $3,000 .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  . 	

7781233

(c)
Total

10 

Schedule D (541) 2023

Extracted from PDF file 2023-california-form-541-schedule-d.pdf, last modified September 2023

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More about the California Form 541 Schedule D Corporate Income Tax TY 2023

This form must be attached to Form 541 or Form 109 when filing. It provides a chart to determine your capital gains and losses over the taxable year. You must also provide a summary of a total amount from the beneficiaries and fiduciaries as well as the computation of capital loss limitation.

We last updated the Capital Gain or Loss in January 2024, so this is the latest version of Form 541 Schedule D, fully updated for tax year 2023. You can download or print current or past-year PDFs of Form 541 Schedule D directly from TaxFormFinder. You can print other California tax forms here.

Related California Corporate Income Tax Forms:

TaxFormFinder has an additional 174 California income tax forms that you may need, plus all federal income tax forms. These related forms may also be needed with the California Form 541 Schedule D.

Form Code	Form Name
Form 541 Schedule K-1	Beneficiary's Share of Income, Deductions, Credits, etc.
Form 541 Schedule P	Alternative Minimum Tax and Credit Limitations - Fiduciaries Tax Credit
Form 541 Schedule J	Trust Allocation of an Accumulation Distribution

Download all CA tax forms View all 175 California Income Tax Forms

Form Sources:

California usually releases forms for the current tax year between January and April. We last updated California Form 541 Schedule D from the Franchise Tax Board in January 2024.

Show Sources >

About the Corporate Income Tax

The IRS and most states require corporations to file an income tax return, with the exact filing requirements depending on the type of company.

Sole proprietorships or disregarded entities like LLCs are filed on Schedule C (or the state equivalent) of the owner's personal income tax return, flow-through entities like S Corporations or Partnerships are generally required to file an informational return equivilent to the IRS Form 1120S or Form 1065, and full corporations must file the equivalent of federal Form 1120 (and, unlike flow-through corporations, are often subject to a corporate tax liability).

Additional forms are available for a wide variety of specific entities and transactions including fiduciaries, nonprofits, and companies involved in other specific types of business.

Historical Past-Year Versions of California Form 541 Schedule D

We have a total of thirteen past-year versions of Form 541 Schedule D in the TaxFormFinder archives, including for the previous tax year. Download past year versions of this tax form as PDFs here:

2023 Form 541 Schedule D

2023 Capital Gain or Loss California Schedule D (541)

2022 Form 541 Schedule D

2022 Capital Gain or Loss California Schedule D (541)

2021 Form 541 Schedule D

2021 Capital Gain or Loss California Schedule D (541)

2020 Form 541 Schedule D

2020 Capital Gain or Loss California Schedule D (541)

2019 Form 541 Schedule D

2019 Capital Gain or Loss California Schedule D (541)

2018 Form 541 Schedule D

2018 Schedule D (541) - Capital Gain or Loss

2017 Form 541 Schedule D

2017 Schedule D (541) - Capital Gain or Loss

2016 Form 541 Schedule D

2016 Schedule D (541) -- Capital Gain or Loss

2015 Form 541 Schedule D

2015 Schedule D (541) -- Capital Gain or Loss

2014 Form 541 Schedule D

2014 Schedule D (541) -- Capital Gain or Loss

2013 Form 541 Schedule D

2013 Schedule D (541) -- Capital Gain or Loss

2012 Form 541 Schedule D

2012 Schedule D (541) -- Capital Gain or Loss

2011 Form 541 Schedule D

2011 Schedule D (541) -- Capital Gain or Loss

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