California - personal income tax
Aug. 31st, 2009 09:48 pmPersonal income tax
California collects income tax from its residents at the following rates.
For single and married filing separately taxpayers:
-- 1 percent on the first $7,168 of taxable income
-- 2 percent on taxable income between $7,169 and $16,994
-- 4 percent on taxable income between $16,995 and $26,821
-- 6 percent on taxable income between $26,822 and $37,233
-- 8 percent on taxable income between $37,234 and $47,055
-- 9.3 percent on taxable income of $47,056 and above.
A 1 percent surcharge, the Mental Health Services Tax, is collected on taxable incomes of $1 million or more, making California's highest marginal rate 10.3 percent.
California collects income tax from its residents at the following rates.
For single and married filing separately taxpayers:
-- 1 percent on the first $7,168 of taxable income
-- 2 percent on taxable income between $7,169 and $16,994
-- 4 percent on taxable income between $16,995 and $26,821
-- 6 percent on taxable income between $26,822 and $37,233
-- 8 percent on taxable income between $37,234 and $47,055
-- 9.3 percent on taxable income of $47,056 and above.
A 1 percent surcharge, the Mental Health Services Tax, is collected on taxable incomes of $1 million or more, making California's highest marginal rate 10.3 percent.
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Date: 2009-09-01 05:52 am (UTC)no subject
Date: 2009-09-01 06:05 am (UTC)no subject
Date: 2012-01-26 04:48 pm (UTC)no subject
Date: 2012-02-15 08:46 am (UTC)