CA State Income Tax Brackets 2023, What Are California State Income Tax Rates?
The California State Income Tax Brackets for 2023 feature progressive rates from 1% to 12.3%, applying to different income thresholds for singles, married couples, and heads of household, with additional mental health services tax for incomes exceeding $1 million.
by Kowsalya
Updated Dec 21, 2023
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CA State Income Tax Brackets 2023
The California State Income Tax Brackets for 2023 outline the progressive tax rates and corresponding income thresholds applicable to residents, influencing the amount owed to the state. Here are the CA State Income Tax Brackets in 2023:
Single or Married Filing Separately
|
Tax Rate |
Taxable Income Bracket |
Tax Owed |
|
1% |
$0 to $10,412 |
1% of taxable income |
|
2% |
$10,413 to $24,684 |
$104.12 plus 2% of the amount over $10,412 |
|
4% |
$24,685 to $38,959 |
$389.56 plus 4% of the amount over $24,684 |
|
6% |
$38,960 to $54,081 |
$960.56 plus 6% of the amount over $38,959 |
|
8% |
$54,082 to $68,350 |
$1,867.88 plus 8% of the amount over $54,081 |
|
9.3% |
$68,351 to $349,137 |
$3,009.40 plus 9.3% of the amount over $68,350 |
|
10.3% |
$349,138 to $418,961 |
$29,122.59 plus 10.3% of the amount over $349,137 |
|
11.3% |
$418,962 to $698,271 |
$36,314.46 plus 11.3% of the amount over $418,961 |
|
12.3% |
$698,272 or more |
$67,876.49 plus 12.3% of the amount over $698,271 |
Married Filing Jointly or Qualifying Widow(er)
|
Tax Rate |
Taxable Income Bracket |
Tax Owed |
|
1% |
$0 to $20,824 |
1% of taxable income |
|
2% |
$20,825 to $49,368 |
$208.24 plus 2% of the amount over $20,824 |
|
4% |
$49,369 to $77,918 |
$779.12 plus 4% of the amount over $49,368 |
|
6% |
$77,919 to $108,162 |
$1,921.12 plus 6% of the amount over $77,918 |
|
8% |
$108,163 to $136,700 |
$3,735.76 plus 8% of the amount over $108,162 |
|
9.3% |
$136,701 to $698,274 |
$6,018.80 plus 9.3% of the amount over $136,700 |
|
10.3% |
$698,275 to $837,922 |
$58,245.18 plus 10.3% of the amount over $698,274 |
|
11.3% |
$837,923 to $1,396,542 |
$72,628.92 plus 11.3% of the amount over $837,922 |
|
12.3% |
$1,369,543 or more |
$135,752.98 plus 12.3% of the amount over $1,396,542 |
Head of Household
|
Tax Rate |
Taxable Income Bracket |
Tax Owed |
|
1% |
$0 to $20,839 |
1% of taxable income |
|
2% |
$20,840 to $49,371 |
$208.39 plus 2% of the amount over $20,839 |
|
4% |
$49,372 to $63,644 |
$779.03 plus 4% of the amount over $49,371 |
|
6% |
$63,645 to $78,765 |
$1,349.95 plus 6% of the amount over $63,644 |
|
8% |
$78,766 to $93,037 |
$2,257.21 plus 8% of the amount over $78,765 |
|
9.3% |
$93,038 to $474,824 |
$3,398.97 plus 9.3% of the amount over $93,037 |
|
10.3% |
$474,825 to $569,790 |
$38,905.16 plus 10.3% of the amount over $474,824 |
|
11.3% |
$569,791 to $949,649 |
$48,686.66 plus 11.3% of the amount over $569,790 |
|
12.3% |
$949,650 or more |
$91,610.73 plus 12.3% of the amount over $949,649 |
What Are California State Income Tax Rates?
California has a progressive state income tax system with rates ranging from 1% to 12.3%. For a single filer earning $70,000 annually, the effective state tax rate is 4.36%, resulting in a state tax of $3,054.
California's income tax brackets for singles include rates of 1% to 12.3%, depending on income levels. The state also offers various deductions and credits, such as the standard deduction of $5,202 for single filers, itemized deductions for medical expenses and mortgage interest, and tax credits like the Earned Income Tax Credit (CalEITC). It's important to note that tax rates and regulations are subject to change, so individuals are advised to consult the latest information on the state's tax website or seek professional advice.
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Is Income Tax High in California?
Yes, income tax is relatively high in California. The state imposes a progressive income tax system with rates ranging from 1% to 12.3%, and additional mental health services tax for incomes over $1 million.
For the tax year 2021, California has the highest personal income tax rate in the nation, reaching 13.3% for high-income earners. This rate, coupled with other taxes such as sales and property taxes, contributes to a significant overall tax burden for residents. It's important for individuals to be aware of the state's tax structure when considering living or working in California.
2024 California Income Tax Deadlines
The 2024 California income tax deadlines align with the federal tax deadline, set for April 15, 2024. Taxpayers who are unable to file their return on time have the option to request an automatic six-month extension until mid-October.
It's important to note that while an extension grants additional time for filing, individuals with a tax liability are still required to submit an estimated payment covering the owed amount by the original tax deadline. Staying informed about these deadlines is crucial for individuals residing in or earning income from California, as failure to comply may result in penalties or interest charges.
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CA State Income Tax Brackets 2023 - FAQs
1. What is the highest income tax rate in California for 2023?
The highest income tax rate in California for 2023 is 12.3%. This rate applies to individuals with a taxable income of $698,272 or more.
2. Are there additional taxes on high incomes in California?
Yes, there is an additional 1% mental health services tax on income exceeding $1 million. This tax is levied on top of the regular income tax rates.
3. What are the standard deductions for California state income tax?
The standard deduction for California state income tax in 2023 is $5,363 for single filers and married individuals filing separately, and $10,726 for married individuals filing jointly or qualifying widow(er) and heads of household.
4. Can residents of California claim tax credits to reduce their state income tax liability?
Yes, California offers various tax credits, including the California Earned Income Tax Credit (CalEITC), Young Child Tax Credit (YCTC), Child and Dependent Care Tax Credit, Adoption Cost Tax Credit, and Nonrefundable Renters Tax Credit.
5. What is the standard deduction for California state taxes?
For the 2022 tax year, the standard deduction is $5,202 for single filers and $10,404 for married filing jointly or head of household.
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