CALIFORNIA Tax Returns with ExpressTaxRefund.com! |
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Looking to cut down on tax preparation time? You can file your CALIFORNIA income taxes and federal taxes at the same time using ExpressTaxRefund.com. ExpressTaxRefund.com simplifies the tax preparation process by automatically filling in any matching information into both your state and federal tax forms. California assesses state income tax over nine different brackets with the rate of taxation that varies between 1% and 12.30%. Taxpayers in the Golden State who file using single or married filing separately status are subject to the following rates depending on income:
California taxpayers with taxable income of one million dollars or more are subject to an additional 1% surcharge as per the Mental Health Services Tax. Because of this, it can be interpreted that California's highest tax bracket is actually 13.30%. Tax rates stay the same for married couples who file jointly though that income thresholds double. Example: a couple who is married and files one return would be taxed at 8% if their income was $78,770. Californians can use form 540EZ, 540A (short form), form 540 (long form), or form 540-ADS to file their state income tax. These forms are typically due on April 15 as long as it's not a holiday or weekend, in which case it would be due on the next day of business. Residency There are two factors to determining resident status for the state of California. They are:
If you intend to reside permanently within the state, and it is the place that you establish your home for yourself and your family you are considered a resident of California. During periods of temporary absence, it is the place in which you intend to return. Although all sources of income are taxed regardless of where they were earned, taxpayers in the state of California may qualify to claim a credit for any income that was double tax. ExpressTaxRefund.com supports all state income tax returns. Washington D.C. along with 41 states have income tax returns. If you live in Alaska, Florida, Nevada, New Hampshire, South Dakota, Tennessee, Texas, Washington or Wyoming, you only need to file your Federal Income Tax Return with the IRS. Benefits of using ExpressTaxRefund.com:
Take advantage of online E-Filing services available through ExpressTaxRefund.com Filing your tax return with ExpressTaxRefund.com is faster than ever. Choose direct deposit, and receive your tax refund even quicker! Be kept up to date on the status of your return. You can view the status of your tax return right through our website, with daily updates to your account and filing status with the IRS. Customer Support : |
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