For a nonresident of California, which would NOT be taxed by California?

a. All of the above would be California taxable

b. Gain from the sale of California real estate

c. Profits from a sole proprietorship located in California

d. A partners share of partnership gain on the sale of California real estate

e. Interest on a California bank account

A resident of California sells Nevada real estate in an installment sale. In the current year he receives a return of principal of $10,000, taxable gain of $2,000 and interest of $1,000. What is his California taxable income?

a. $-0-

b. Some other amount

c. $1,000

d. $13,000

e. $3,000

The calculation of nonresident and part-year resident California tax is designed to make sure the taxpayer pays:

a. Less tax than would be paid if the California tax rates were applied to California income only

b. The same tax that would be paid if the California tax rates were applied to California income only

c. More tax than would be paid if the California tax rates were applied to California income only

d. None of the above

e. 30% on all California income