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Schedule P (540NR) 2016 Side 1

Alternative Minimum Tax and Credit Limitations — Nonresidents or Part-Year Residents

TAXABLE YEAR

2016

Attach this schedule to Long Form 540NR. Name(s) as shown on Long Form 540NR

7981163

CALIFORNIA SCHEDULE

P (540NR)

Your SSN or ITIN

Part I Alternative Minimum Taxable Income (AMTI) Important: See instructions for information regarding California/federal differences. 1 If you itemized deductions, go to line 2. If you did not itemize deductions, enter your standard deduction from Long Form 540NR, line 18, and go to line 6 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .  1 _____________________ 2 Medical and dental expense. Enter the smaller of Schedule A (Form 1040), line 4, or 2½% (.025) of Form 1040, line 37 . . .  2 _____________________ 3 Personal property taxes and real property taxes. See instructions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .  3 _____________________ 4 Certain interest on a home mortgage not used to buy, build, or improve your home. See instructions . . . . . . . . . . . . . . . . . .  4 _____________________ 5 Miscellaneous itemized deductions. See instructions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .  5 _____________________ 6 Refund of personal property taxes and real property taxes. See instructions. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .  6 _____________________ Do not include your state income tax refund on this line. 7 Investment interest expense adjustment. See instructions. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .  7 _____________________ 8 Post-1986 depreciation. See instructions. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .  8 _____________________ 9 Adjusted gain or loss. See instructions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .  9 _____________________ 10 Incentive stock options and California qualified stock options (CQSOs). See instructions . . . . . . . . . . . . . . . . . . . . . . . . . . .  10 _____________________ 11 Passive activities adjustment. See instructions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .  11 _____________________ 12 Beneficiaries of estates and trusts. Enter the amount from Schedule K-1 (541), line 12a . . . . . . . . . . . . . . . . . . . . . . . . . . . .  12 _____________________ 13 Other. Enter the amount, if any, for each item, a through l, and enter the total on line 13. See instructions. a Circulation expenditures. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .  a _____________________ b Depletion . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .  b _____________________ c Installment sales . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .  c _____________________ d Intangible drilling costs . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .  d _____________________ e Long-term contracts. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .  e _____________________ f Loss limitations . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .  f _____________________ g Mining costs. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .  g _____________________ h Patron’s adjustment . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .  h _____________________ i Pollution control facilities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .  i _____________________ j Research and experimental costs . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .  j _____________________ k Tax shelter farm activities. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .  k _____________________ l Related adjustments. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .  l _____________________ Add amounts on line a through line l . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .  13 _____________________ 14 Total Adjustments and Preferences. Combine line 1 through line 13 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .  14 _____________________ 15 Enter taxable income from Long Form 540NR, line 19. See instructions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .  15 _____________________ 16 Net operating loss (NOL) deduction from Schedule CA (540NR), line 21b, line 21d, and line 21e, column B.

Enter as a positive amount . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .  16 _____________________ 17 AMTI exclusion. See instructions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .  17 _____________________ 18 If your federal adjusted gross income (AGI) is less than the amount for your filing status (listed below), skip this line

and go to line 19. If you itemized deductions and your federal AGI is more than the amount for your filing status, see instructions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .  18 _____________________

Single or married/RDP filing separately . . . . . . . . . . . . . . . . . . . . $182,459 Married/RDP filing jointly or qualifying widow(er) . . . . . . . . . . . . $364,923 Head of household . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $273,692 19 Combine line 14 through line 18 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .  19 _____________________ 20 Alternative minimum tax NOL deduction. See instructions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .  20 _____________________ 21 Alternative Minimum Taxable Income. Subtract line 20 from line 19 (if married/RDP filing separately and line 21 is more than $346,677, see instructions). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .  21 _____________________

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For Privacy Notice, get FTB 1131 ENG/SP.

Side 2 Schedule P (540NR) 2016 7982163

Part II Alternative Minimum Tax (AMT) 22 Exemption Amount. (If this schedule is for certain children under age 24, see instructions.) If your filing status is: And line 21 is not over: Enter on line 22: Single or head of household $251,626 $67,101 Married/RDP filing jointly or qualifying widow(er) $335,502 $89,467 . . . . . .  22 ____________________ Married/RDP filing separately $167,749 $44,732 } If Part I, line 21 is more than the amount shown above for your filing status, see instructions. 23 Subtract line 22 from Part I, line 21. If zero or less, enter -0- . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .  23 ____________________ 24 Total Tentative Minimum Tax (TMT). Multiply line 23 by 7% (.07) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .  24 ____________________ 25 California adjusted gross income (AGI) from Schedule CA (540NR), line 45 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .  25 ____________________ 26 NOL adjustment, if any, included on Schedule CA (540NR), line 21, column E. Enter as a positive number . . . . . . . . . . . . .  26 ____________________ 27 Alternative Minimum Tax Income (AMTI) exclusion. See instructions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .  27 ____________________ 28 Combine line 25 through line 27 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .  28 ____________________ 29 Adjustments and Preferences. See instructions before completing.

a Investment interest expense . . . .  b Post-1986 depreciation . . . . . . . .  c Adjusted gain or loss . . . . . . . . . .  d Incentive stock options and CQSOs  e Passive activities . . . . . . . . . . . . .  f Beneficiaries of estates & trusts  g Circulation expenditures . . . . . . .  h Depletion . . . . . . . . . . . . . . . . . . .  i Installment sales . . . . . . . . . . . . . 

j Intangible drilling costs . . . . . . . . .  k Long-term contracts . . . . . . . . . . .  l Loss limitations . . . . . . . . . . . . . . .  m Mining costs . . . . . . . . . . . . . . . . .  n Patron’s adjustment. . . . . . . . . . . .  o Pollution control facilities . . . . . . .  p Research and experimental costs . . .  q Tax shelter farm activities . . . . . . .  r Related adjustments . . . . . . . . . . . 

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Add line a through line r and enter total here . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .  29 _____________________ 30 Combine line 28 and line 29 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .  30 _____________________ 31 California Alternative Minimum Tax (AMT) net operating loss (NOL) deduction. See instructions . . . . . . . . . . . . . . . . . . . . .  31 _____________________ 32 California AMT AGI. Subtract line 31 from line 30. If you did not itemize deductions, enter the result here and on line 40

and skip line 33 through line 39. If you itemized deductions, enter the result here and continue to line 33. . . . . . . . . . . . . .  32 _____________________ 33 Itemized deductions (before federal AGI limitation and proration). Enter the amount from Schedule CA (540NR), line 42 . .  33 _____________________ 34 Itemized deductions included in Part I. a Medical and dental expense, enter amount from Part I, line 2 . . . . . . . . . . . . . . . . . . . .  a _____________________ b Personal property taxes and real property taxes, enter amount from Part I, line 3. . . . .  b _____________________ c Interest on home mortgage, enter amount from Part I, line 4 . . . . . . . . . . . . . . . . . . . .  c _____________________ d Miscellaneous itemized deductions, enter amount from Part I, line 5 . . . . . . . . . . . . . .  d _____________________ e Investment interest expense adjustment, enter amount from Part I, line 7 . . . . . . . . . .  e _____________________ Combine line a through line e. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .  34 ____________________ 35 Total AMT Itemized Deductions. Combine line 33 and line 34 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .  35 ____________________ 36 Total AMTI. Enter the amount from Part I, line 21 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .  36 ____________________ 37 Total AMT AGI. Add line 35 and line 36 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .  37 ____________________ 38 AMT Itemized Deduction Percentage. Divide line 32 by line 37. Do not enter more than 1.0000 . . . . . . . . . . . . . . . . . . . . . .  38 ___ . ___ ___ ___ ___ 39 Prorated AMT Itemized Deductions. Multiply line 35 by line 38 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .  39 ____________________ 40 California AMTI. Subtract line 39 from line 32 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .  40 ____________________ 41 Total TMT. Enter the amount from line 24 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .  41 ____________________ 42 California AMT Rate. Divide line 41 by amount from Part I, line 21 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .  42 ___ . ___ ___ ___ ___ 43 California TMT. Multiply line 40 by line 42 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .  43 ____________________ 44 Regular Tax. Enter the amount from Long Form 540NR, line 37 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .  44 ____________________ 45 Alternative Minimum Tax. Subtract line 44 from line 43. If zero or less enter -0- here and on Long Form 540NR, line 71.

Continue to Part III to figure your allowable credits. (If you have a carryover credit for solar energy or commercial solar energy, also enter the result on Side 3, Part III, Section C, line 22 or 23). If you make estimated tax payments for taxable year 2017, enter amount from line 45 on the 2017 Form 540-ES, Estimated Tax Worksheet, line 16 . . . . . . . . . . . .  45 ____________________

(a) Credit

amount

(b) Credit used

this year

by credits

(d) Credit

carryover

Schedule P (540NR) 2016 Side 3

Part III Credits that Reduce Tax Note: Be sure to attach your credit forms to Long Form 540NR.

1 Enter the amount from Long Form 540NR, line 42 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .  1 _____________________ 2 Enter the tentative minimum tax from Side 2, Part II, line 43 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .  2 _____________________

7983163

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Section A – Credits that reduce excess regular tax. 3 Subtract line 2 from line 1. If zero or less enter -0- and see instructions. This is your excess tax which may be offset by credits . . . . . . . . . . . . . . . . . . . . . . 3  A1 Credits that reduce excess tax and have no carryover provisions. 4 Code: 162 Prison inmate labor credit (FTB 3507) . . . . . . . . . . . . . . . . . . . . . . . . . . 4    5 Code: 232 Child and dependent care expenses credit (FTB 3506). . . . . . . . . . . . . . 5    A2 Credits that reduce excess tax and have carryover provisions. See instructions. 6 Code:  ____ ____ ____ Credit Name: _________________________________ 6     7 Code:  ____ ____ ____ Credit Name: _________________________________ 7     8 Code:  ____ ____ ____ Credit Name: _________________________________ 8     9 Code:  ____ ____ ____ Credit Name: _________________________________ 9     10 Code: 188 Credit for prior year alternative minimum tax ____________________ 10     Section B – Credits that may reduce tax below tentative minimum tax. 11 If Part III, line 3 is zero, enter the amount from line 1. If line 3 is more than zero, enter the total of line 2 and the last entry in column (c) . . . . . . . . . . . . . . . . . 11  B1 Credits that reduce net tax and have no carryover provisions. 12 Code: 170 Credit for joint custody head of household Credit from Credit Form 540NR, ____________________ X Percentage ___ . ___ ___ ___ ___ = 12    See line 51 instructions on Long Form 540NR. 13 Code: 173 Credit for dependent parent Credit from Credit Form 540NR, ____________________ X Percentage ___ . ___ ___ ___ ___ = 13    See line 52 instructions on Long Form 540NR. 14 Code: 163 Credit for senior head of household Credit from Credit Form 540NR, ____________________ X Percentage ___ . ___ ___ ___ ___ = 14    See line 53 instructions on Long Form 540NR. 15 Nonrefundable renter’s credit . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 15    B2 Credits that reduce net tax and have carryover provisions. See instructions. 16 Code:  ____ ____ ____ Credit Name: _________________________________ 16     17 Code:  ____ ____ ____ Credit Name: _________________________________ 17     18 Code:  ____ ____ ____ Credit Name: _________________________________ 18     19 Code:  ____ ____ ____ Credit Name: _________________________________ 19     B3 Other state tax credit 20 Code: 187 Other state tax credit . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 20    Section C – Credits that may reduce alternative minimum tax. 21 Enter your alternative minimum tax from Side 2, Part II, line 45 . . . . . . . . . . . . . . . 21  22 Code: 180 Solar energy credit carryover from Section B2, column (d) . . . . . . . . . . 22     23 Code: 181 Commercial solar energy credit carryover from Section B2, column (d) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 23     24 Adjusted AMT. Enter the balance from line 23, column (c) here and on Long Form 540NR, line 71 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 24 

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