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Frequently Asked Questions

Does CA have state income tax?

California collects a state income tax at a maximum marginal tax rate of %, spread across tax brackets. Like the Federal Income Tax , California's income tax allows couples filing jointly to pay a lower overall rate on their combined income with wider tax brackets for joint filers.

What is the federal tax rate for CA?

There is a progressive income tax with rates ranging from 1% to 13.3%, which are the same tax rates that apply to capital gains. The Golden State also has a sales tax of 7.25%, the highest in the country. With local sales taxes added on, the sales tax rate in some municipalities can climb as high as 10.25%. Property taxes in California can’t exceed 1% by law.

What is California's top tax rate?

California tops the list of the highest income tax rates in the country - the highest tax rate is 12.3 percent, but it also introduces an additional tax on those whose income is $1 million or more, which is the highest actual tax rate of 13.3 percent.

Does California have high taxes?

California taxes are known for being among the highest in the country. The state gives residents a break when it comes to inheritance and estate taxes. Property taxes aren't particularly high. But income tax rates can hit you hard, as can sales tax rates.

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