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   Is California a tax deductible state?

   • The California standard deduction is about 62% lower than the IRS standard deduction. California allows mortgage interest deductions for home purchases up to $1 million. California charges its own state income taxes, in addition to federal income taxes.

   The 5 Biggest Tax Breaks for California Residents | The Motley Fool

   www.fool.com/the-ascent/taxes/articles/the-5-biggest-tax-breaks-for-california-residents/

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   What are California's standard deductions?

   • California’s standard deductions are less than half of what they are at the federal level. The state’s child and dependent care credit is a fixed percentage of the federal credit. California imposes a 1% surcharge on very high incomes. Taxpayers who are subject to it pay a tax rate of 13.3% on their top dollars.

   Guide to California Income Tax - The Balance

   www.thebalancemoney.com/california-personal-income-tax-3193243

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   What is the state tax rate in California?

   • The state income tax rates range from 1% to 12.3%, and the sales tax rate is 7.25% to 10.75%. California offers tax deductions and credits to reduce your state tax liability, including a standard deduction, itemized deduction, the California earned income tax credit, child and dependent care credit and college access tax credit.

   California Income Tax Calculator 2023-2024 - Forbes

   www.forbes.com/advisor/income-tax-calculator/california/

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   Do I have to take itemized deductions in California?

   • And remember: you must take itemized deductions if you want to get California tax breaks for your home mortgage interest or deduct your healthcare expenses. Make sure your total itemized deductions add up to more than the California standard deduction. 4. California tax deductions that you can't get on federal taxes

   The 5 Biggest Tax Breaks for California Residents | The Motley Fool

   www.fool.com/the-ascent/taxes/articles/the-5-biggest-tax-breaks-for-california-residents/

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   What expenses can Californians deduct?

   • Californians can deduct certain expenses that they paid as part of their jobs, tax preparation fees, and some other miscellaneous expenses as part of doing work to earn income. These miscellaneous deductions can only be for the amount that is greater than 2% of your federal adjusted gross income (AGI).

   The 5 Biggest Tax Breaks for California Residents | The Motley Fool

   www.fool.com/the-ascent/taxes/articles/the-5-biggest-tax-breaks-for-california-residents/

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   Are federal deductions allowed in California?

   • Many federal deductions are limited or not allowed in California, but the Golden State does have some of its own deductions and credits that you might benefit from. California’s standard deductions are less than half of what they are at the federal level. The state’s child and dependent care credit is a fixed percentage of the federal credit.

   Guide to California Income Tax - The Balance

   www.thebalancemoney.com/california-personal-income-tax-3193243

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2. www.nerdwallet.com › taxes › california-state-taxCalifornia Income Tax: Rates, Who Pays in 2024-2025 - NerdWallet

   www.nerdwallet.com › taxes › california-state-tax

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   5 days ago · The California standard deduction for 2024 tax returns filed in 2025 is $5,540 for those who are single or married filing separately, and $11,080 for those who are married filing jointly ...

3. www.fool.com › the-ascent › taxesThe 5 Biggest Tax Breaks for California Residents

   www.fool.com › the-ascent › taxes

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   Mar 20, 2024 · The California standard deduction is about 62% lower than the IRS standard deduction. California allows mortgage interest deductions for home purchases up to $1 million. California charges its...

   • Author: Ben Gran

4. www.forbes.com › income-tax-calculator › californiaCalifornia Tax Calculator 2023-2024: Estimate Your Taxes ...

   www.forbes.com › income-tax-calculator › california

   California offers tax deductions and credits to reduce your state tax liability, including a standard deduction, itemized deduction, the California earned income tax credit, child and dependent...

5. www.ftb.ca.gov › file › personalDeductions | FTB.ca.gov - Franchise Tax Board

   www.ftb.ca.gov › file › personal

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   Standard deduction. We allow all filing statuses to claim the standard deduction. We have a lower standard deduction than the IRS. Do you qualify for the standard deduction? You can claim the standard deduction unless someone else claims you as a dependent on their tax return.

6. Videos

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     investopedia.com

     Understanding Tax Deductions: Itemized vs. Standard Deduction

     31 Dec 2008

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     states.aarp.org

     California Tax Guide: What You’ll Pay in 2024

     26 Feb 2024

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     3:16

     youtube.com

     Standard and Itemized Tax Deductions

     14 May 2013

     36.7K views

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7. ca-us.icalculator.com › income-tax-rates › 2024California Tax Tables 2024 - Tax Rates and Thresholds in ...

   ca-us.icalculator.com › income-tax-rates › 2024

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   California provides a standard Personal Exemption tax deduction of $ 144.00 in 2024 per qualifying filer and $ 446.00 per qualifying dependent (s), this is used to reduce the amount of income that is subject to tax in 2024.

8. www.ftb.ca.gov › about-ftb › newsroomStandard deductions, exemption amounts, and tax rates for ...

   www.ftb.ca.gov › about-ftb › newsroom

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   Standard deduction. Personal/Senior exemption amounts. Tax rate schedules. The inflation rate, as measured by the CCPI for all urban consumers from June of 2019 to June of 2020, was 1.4%. The standard deduction amount for single or separate taxpayers will increase from $4,537 to $4,601 for tax year 2020.

9. www.thebalancemoney.com › california-personalGuide to California Income Tax - The Balance

   www.thebalancemoney.com › california-personal

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   Feb 20, 2023 · California has one of the highest income tax rates in the country, but it offers several unique deductions, credits, rates, and income exclusions.