FTB: error on state tax form.

PositionNews & trends

Some California taxpayers who file paper returns may understate their home mortgage interest deductions because of an error on a printed California tax form.

The error is on early versions of Schedule CA 540), California Adjustments, which is used to make adjustments to federal adjusted gross income and claim federal itemized deductions.

Line 38 of the form incorrectly states: "Enter the total amount of itemized deductions from your federal form 1040, Schedule A, lines 4, 9, 13, 19, 20, 27, and 28." It should have listed line number 15 instead of 13.

The error...

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