- California increased the annual standard deduction amount
|
Standard Deduction Table |
|||||
|
Single |
Married |
Head of Household |
|||
|
Exemptions |
Annual Wages |
||||
| $ >5,363 | 0 or 11 | $ 5,363 | $ 10,726 | ||
| 2 or more1 | 10,726 | ||||
| 1 Number of regular allowances claimed on DE-4 or W-4 | |||||
- The tax rate table is
|
Tax Withholding Table |
|||||
|
If the Amount of |
The Amount of California |
||||
|
|
But Not |
Of Excess |
|||
| $ 0 | $ >10,412 | $ 0.00 | plus | 1.100% | $ 0 |
| 10,412 | 24,684 | 114.53 | plus | 2.200% | 10,412 |
| 24,684 | 38,959 | 428.51 | plus | 4.400% | 24,684 |
| 38,959 | 54,081 | 1056.61 | plus | 6.600% | 38,959 |
| 54,081 | 68,350 | 2,054.66 | plus | 8.800% | 54,081 |
| 68,350 | 349,137 | 3,310.33 | plus | 10.230% | 68,350 |
| 349,137 | 418,961 | 32,034.84 | plus | 11.330% | 349,137 |
| 418,961 | 698,271 | 39,945.90 | plus | 12.430% | 418,961 |
| 698,271 | 1,000,000 | 74,664.13 | plus | 13.530% | 698,271 |
| 1,000,000 | and over | 115,488.06 | plus | 14.630% | 1,000,000 |
|
Married |
|||||
|
If the Amount of |
The Amount of California |
||||
|
|
But Not |
Of Excess |
|||
| $ 0 | $ 20,824 | $ 0.00 | plus | 1.1% | $ 0 |
| 20,824 | 49,368 | 229.06 | plus | 2.200% | 20,824 |
| 49,368 | 77,918 | 857.03 | plus | 4.400% | 49,368 |
| 77,918 | 108,162 | 2,113.23 | plus | 6.600% | 77,918 |
| 108,162 | 136,700 | 4,109.33 | plus | 8.800% | 108,162 |
| 136,700 | 698,274 | 6,620.67 | plus | 10.230% | 136,700 |
| 698,274 | 837,922 | 64,069.69 | plus | 11.330% | 698,274 |
| 837,922 | 1,000,000 | 79,891.81 | plus | 12.430% | 837,922 |
| 1,000,000 | 1,396,542 | 100,038.11 | plus | 13.530% | 1,000,000 |
| 1,396,542 | and over | 153,690.24 | plus | 14.630% | 1,396,542 |
|
Head of Household |
|||||
|
If the Amount of |
The Amount of California |
||||
|
|
But Not |
Of Excess |
|||
| $ 0 | $ 20,839 | $ 0.00 | plus | 1.100% | $ 0 |
| 20,839 | 49,371 | 229.23 | plus | 2.200% | 20,839 |
| >49,371 | 63,644 | 856.93 | plus | 4.400% | 49,371 |
| 63,644 | 78,765 | 1,484.94 | plus | 6.600% | 63,644 |
| 78,765 | 93,037 | 2,482.93 | plus | 8.800% | 78,765 |
| 93,037 | 474,824 | 3,738.87 | plus | 10.230% | 93,037 |
| 474,824 | 569,790 | 42,795.68 | plus | 11.330% | 474,824 |
| 569,790 | 949,649 | 53,555.33 | plus | 12.430% | 569,790 |
| 949,649 | 1,000,000 | 100,771.80 | plus | 13.530% | 949,649 |
| 1,000,000 | and over | 107,584.29 | plus | 14.630% | 1,000,000 |
For detail tax rate, please go to California tax calculation for 2024
This post first appeared on Halfpricesoft Blog | Payroll News, Business Tips, Federal And State Tax Updates, please read the originial post: here
