California Adjustments to Dividends

For tax year 2022, California Adjustments-Residents, Form CA (540), I don't see any value appearing for Line 3a, Column B (Subtractions).

There are amounts appearing in Column B (Subtractions) for Taxable Interest (Line 2) and Social Security Benefits (Line 6); but no value appearing for Ordinary Dividends (Line 3).

Does California not provide any adjustments for Ordinary Dividends?

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California Adjustments to Dividends

There can be adjustments to ordinary dividends, but generally, there'll be no difference between the amount of dividends you report in column A and the amount you report under California law.

According to Line 3 – Ordinary Dividends in the 2022 Instructions for Schedule CA (540) :

Generally, no difference exists between the amount of dividends reported in column A and the amount reported using California law. However, California taxes dividends derived from other states and their municipal obligations.

Add dividends received from the following and enter in column B:

• Dividend income from children under age 19 or students under age 24 included on the parent’s or child’s federal tax return and reported on the California tax return by the opposite taxpayer. For more information, get form FTB 3803.

Add dividends received from the following and enter in column C:

• Controlled foreign corporation (CFC) dividends in the year distributed.
• Regulated investment company (RIC) capital gains in the year distributed.
• Distributions of pre-1987 earnings from an S corporation.
• Dividend income from children under age 19 or students under age 24 excluded on the parent’s or child’s federal tax return and reported on the California tax return by the opposite taxpayer. For more information, get form FTB 3803.

Get FTB Pub. 1001 if you received dividends from:

• Non-cash patronage dividends from farmers’ cooperatives or mutual associations.
• A CFC.
• Distributions of pre-1987 earnings from S corporations.
• Undistributed capital gains for RIC shareholders.