California Tax Calculator 2022 |
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Featured Tax Software Partner TurboTax Deluxe Federal Filing Fee$69 State Filing Fee$59 TurboTax Deluxe Learn MoreOn Intuit's Website What You Need To Know About California State TaxesThe state of California requires you to pay taxes if you are a resident or nonresident that receives income from a California source. The state income tax rates range from 1% to 12.3%, and the sales tax rate is 7.25% to 10.75%. California state offers tax deductions and credits to reduce your tax liability, including a standard deduction, itemized deduction, the earned income tax credit, child and dependent care credit and college access tax credit. Featured Partner Offers 1 TurboTax Deluxe Federal Filing Fee$69 State Filing Fee$59 1 TurboTax Deluxe Learn MoreOn Intuit's Website 2 TaxSlayer Premium Federal Filing Fee 25% off Premium: Was: $54.95 Now: $41.21. Includes all forms + live chat support, Ask a Tax Pro, front-of-the-line assistance.$54.95 State Filing Fee$39.95 2 TaxSlayer Premium Learn MoreOn TaxSlayer's Website 3 Cash App Taxes Federal Filing Fee$0 State Filing Fee$0 3 Cash App Taxes Learn MoreOn Cash App Taxes' Website California Income Tax Brackets and Rates: Single or Married/Registered Domestic Partner Filing Separately If your California taxable income is over: But not over: Your tax is: $0$10,9991% of your income $10,999$23,942$100.99 + 2% of the excess over $10,099 $23,942$37,788$377.85 + 4% of the excess over $23,942 $37,788$52,455$931.69 + 6% of the excess over $37,788 $52,455$66,295$1,811.71 + 8% of the excess over $52,455 $66,295$338,639$2,918.91 + 9.3% of the excess over $66,295 $338,639$406,364$28,246.90 + 10.3% of the excess over $338,639 $406,364$677,275$35,222.58 + 11.3% of the excess over $406,364 $677,275--$65,835.52 + 12.3% of the excess over $677,275 California Income Tax Brackets and Rates: Married/Registered Domestic Partner Filing Jointly or Qualified Widow(er) If your California taxable income is over: But not over: Your tax is: $0$20,1981% of your income $20,198$47,884$201.98 + 2% of the excess over $20,198 $47,884$75,576$755.70 + 4% of the excess over $47,884 $75,576$104,910$1,863.38 + 6% of the excess over $75,576 $104,910$132,590$3,623.42 + 8% of the excess over $104,910 $132,590 $677,278$5,837.82 + 9.3% of the excess over $132,590 $677,278$812,728$56,493.80 + 10.3% of the excess over $677,278 $812,728$1,354,550$70,445.15 + 11.3% of the excess over $812,728 $1,354,550--$131,671.04 + 12.3% of the excess over $1,354,550 California Income Tax Brackets and Rates: Head of Household If your California taxable income is over: But not over: Your tax is: $0$20,2121% of your income $20,212$47,887$202.12 + 2% of the excess over $20,212 $47,887$61,730$755.62 + 4% of the excess over $47,887 $61,730$76,397$1,309.34 + 6% of the excess over $61,730 $76,397$90,240$2,189.36 + 8% of the excess over $76,397 $90,240$460,547$3,296.80 + 9.3% of the excess over $90,240 $460,547$552,658$37,735.35 + 10.3% of the excess over $460,547 $552,658$921,095$47,222.78 + 11.3% of the excess over $552,658 $921,095--$88,856.16 + 12.3% of the excess over $921,095 Income Tax Deductions for California Standard DeductionThe state of California offers a standard and itemized deduction for taxpayers. The 2022 standard deduction allows taxpayers to reduce their taxable income by $5,202 for single filers or couples filing separately ($10,404 for married filing jointly, head of household and qualifying surviving spouses). Itemized DeductionsA taxpayer may qualify for the itemized deduction if the amounts exceed the standard deduction. The state of California allows for itemized deductions as follows: Medical and dental expenses Mortgage interest on home purchases up to $1,000,000 Job expenses and certain miscellaneous expenses Gambling losses, which are deductible to the extent of gambling winnings Disaster Loss DeductionA taxpayer may deduct a casualty loss caused by a disaster declared by the President or the governor. The damage must be sudden, unexpected or unusual from an earthquake, fire, flood or similar event. You can claim a casualty loss if you do not receive an insurance or other type of reimbursement for the property destroyed or damaged. The state of California allows for a disaster loss suffered in California. IRA DeductionYou can claim a deduction for the amount you contribute to an individual retirement account (IRA). The state of California follows the federal guidelines for IRA contributions. California State Income Tax Credits Earned Income Tax Credit: The CalEITC or YCTC Tax CreditsYou can claim the California Earned Income Tax Credit (CalEITC) if you work and have low income (up to $30,000). The amount of the credit ranges from $275 to $3,417. You can also qualify for the Young Child Tax Credit if you if you earn less than $32,490 and have a qualifying child under the age of 6. If you qualify for the young child tax credit, you may receive up to $1,083. Both credits are refundable. The Child and Dependent Care CreditYou can claim the child and dependent care credit if you paid someone to care for your child, a dependent or spouse while you worked. The credit is nonrefundable, which means it can offset only the amount that you owe in taxes. The College Access Tax CreditThe State of California allows taxpayers to contribute to a state fund that provides financial aid for low-income students to attend college. Taxpayers who make these contributions can claim up to 50% of their contributions on their tax return. This is a nonrefundable tax credit. The Child Adoption Tax CreditIf you adopted a child during the tax year, you can claim up to 50% of adoption costs paid. The maximum credit is $2,500 per child. Nonrefundable Rental CreditYou can claim a nonrefundable tax credit for rent paid for at least half of the year. The credit is $60 if you are single or married filing separately; for other filers, the credit is $120. Income limits apply. Senior Head of Household Tax CreditYou may qualify for this credit if you are 65 or older and meet certain requirements. The maximum amount you can claim for this credit is $1,695. Do I Have to Pay Income Tax in California?You are required to file a California tax return if you receive income from California sources, have income above a certain threshold and fall into one of the following categories: Resident Part-Year Resident Nonresident Residency StatusYou are considered a resident if you are one of the following: You reside in California for a purpose that is not temporary or transitory You reside in California but are away temporarily Sales Tax and Sales Tax RatesCalifornia charges sales taxes ranging from 7.25% to 10.75%. Property Taxes and Property Tax Rates Property Tax ExemptionsCalifornia provides property tax exemptions for homeowners, veterans, nonprofit and religious organizations, public schools, landlords and owners of qualifying personal property (such as certain artworks). Capital Gains TaxesCalifornia allows taxpayers to report gains and losses from the sale of capital assets. Unlike federal income taxes, which may involve lower rates on capital gains, the state of California taxes capital gains as ordinary income. Inheritance and Estate Tax and Inheritance and Estate Tax ExemptionCalifornia does not have an inheritance or estate tax. Compare the best tax software of 2023 See our picksTaxes Are Due April 18th. Have You Filed? TurboTax Deluxe is our highest-rated tax software for ease of use Learn moreOn intuit's Website |
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