CA - Military Family Tax Relief Act Conformity

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California Military Family Tax Relief Act

California does conform to the Military Family Tax Relief Act of 2003 that was signed into law on November 11, 2003. This legislation provides for the exclusion of gain from the sale of a principal residence by military and Foreign Service personnel, above-the line-deductions for overnight travel expenses of National Guard and Reserve members, and various other exclusions and rulings benefiting military families.

California allows the exclusion of the gain from the sale of a principal residence if the seller was in the military and qualifies for the exclusion under federal law. California also allows the deduction for business expenses of reservists reported on Form 1040, Line 24. This deduction is included in federal AGI reported on Form 540, Line 13.

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