2016 Schedule P (540NR) - Instructions for Schedule P (540NR) Alternative Minimum Tax and Credit Limitations - Nnresidents or Part-Year Residents. 2016 Schedule P (540NR) - Instructions for Schedule P (540NR) Alternative Minimum Tax and - --2025

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You will need to file a California Nonresident or Part-Year Resident Income Tax Return California Nonresident or Part-Year Resident Income Tax Return (Form 540NR) , to report the California sourced portion of your compensation.
Use Schedule P (540), Alternative Minimum Tax and Credit Limitations Residents, to determine if: You owe AMT. Your credits must be reduced or eliminated entirely. Your credits may be limited even if you do not owe AMT, so be sure to complete Side 1 and Side 2 of Schedule P (540).
Column B and Column C Subtractions and Additions Use these columns to enter subtractions and additions to the federal amounts in column A that are necessary because of differences between California and federal law. Enter all amounts as positive numbers unless instructed otherwise.
Californias Alternative Minimum Tax (AMT) is an additional tax designed to ensure that high-income individuals pay a fair share by limiting certain deductions and tax benefits.
Option 1: Sign into your eFile.com account, modify your Return and download/print your updated CA Form 540/540NR under My Account. Then, complete Schedule X (amended return explanation). Attach Schedule X to your updated Form 540/540NR, sign the amended return and mail it to one of the addresses listed below.

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Column E Enter all income from all sources while a resident of California and income from California sources while a nonresident.
Fiduciaries must use Schedule P (541), Alternative Minimum Tax and Credit Limitations Fiduciaries, to figure the following: Income distribution deduction on an AMT basis. Estates or trusts alternative minimum taxable income (AMTI) Estates or trusts AMT.
Domestic nonresident partners are calculated a withholding tax of 7.0% of distributions, corporations have a 8.84% withholding rate, and nonresident foreign partners calculate a withholding tax of 12.3% of income.

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