Nevada/CA Schedule C - Spidell

Nevada/CA Schedule C

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Message Board Nevada/CA Schedule C

This topic contains 1 reply, has 2 voices, and was last updated by Sandy Weiner 2 weeks ago.

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  • #183960
    Bill Robi
    Participant

    If a Nevada resident’s Schedule C activities, also have CA sales, how is the net Schedule C bottom line allocated to CA?  Is is strictly allocated based on CA sales, divided by total Sales?  Thank you to anyone who has dealt with this.

  • #183961
    Sandy Weiner
    Participant

    Bill, you would apportion the California sales using the market-based sourcing rules under 18 Cal. Code Regs. 25136-2, and yes, generally the income is apportioned to CA based on CA sales over total sales. See our California Taxation of Multistate Businesses for more information.