Tag Archives: California
Often overshadowed by their tax time counterpart – the federal income tax – state income tax rates generally receive less attention. However, they can definitely impact your overall bill, depending on where you live, where you work, and the total amount you earn. State Taxation of Residents States typically use one of three methods to […]
— Read moreIn California, anyone who is not a resident of the state is considered a nonresident for tax purposes. Part year residency refers to a person who resided in California for part of the year, and remained a nonresident for the remainder of the year. Nonresidents of California are taxed according to income tax regulations on […]
— Read moreThe Golden State has nine different tax rates which range from 1% to 12.30% and depend on filing status. Additionally, California adds a 1% surcharge to the income tax rates of anyone with $1 million or more in taxable income. The following list applies to single taxpayers and those who are married but file separately. […]
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