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  1. Complete your federal income tax return Form 1040, U.S. Individual Income Tax Return, or Form 1040-SR, U.S. Tax Return for Seniors, before you begin your Form 540, California Resident Income Tax Return.

  2. Add federal Schedule 1 (Form 1040), line 21 (student loan interest deduction) to federal Form 1040 or 1040-SR, line 11 (AGI). Enter the result here. Enter the amount shown below for your filing status.

  3. Complete the Simplified Method Worksheet in the Instructions for Form 1040 or Instructions for Form 1040-NR, or in Pub. 575 to figure your taxable annuity for 2023. Be sure to keep the completed worksheet; it will help you figure your taxable annuity next year.

  4. For 2023, you will use Form 1040 or, if you were born before January 2, 1959, you have the option to use Form 1040-SR. You may only need to file Form 1040 or 1040-SR and none of the numbered schedules, Schedules 1 through 3.

  5. For 2023, you will use Form 1040 or, if you were born before January 2, 1959, you have the option to use Form 1040-SR. You may only need to le Form 1040 or 1040-SR and none of the numbered schedules, Schedules 1 through 3. However, if your return is more complicated (for example, you claim certain deductions or credits or owe

  6. If you have a tax liability for 2023 or owe any of the following taxes for 2023, you must file Form 540. • Married/RDP Filing Jointly Tax on a lump-sum distribution.

  7. Simplified income, payroll, sales and use tax information for you and your business.

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