Calif Return Question

[Chrisbry]

My niece is going to school in California and has a Work Study W-2 for $2650 (no withholdings).

What are the filing requirements for California? She has to file a federal return to report the sale of a Mutual fund for $10K (Loss of $2,000). She is a Nebraska resident and still claimed on her parent's return.

I haven't done a Calif. return in over 5 years. I thought it would be faster to just ask here than to sift thru the California website/forms for the filing requirements.

Thanks in advance.

Chris

[JRS]

I just copied this from the FTB site. It is easier than going by memory since I go to it so often. This applies to both residents and non residents.

Individuals who can be claimed as a dependent on their parent's return, or someone else's return, have a different filing requirement.

Dependents must file a return if their gross income form all sources is more than their standard deduction. The filing requirement is based on the standard deduction even if the dependent itemizes.

Single standard deduction for 2007 is $3,516

[Chrisbry]

Thanks JRS!