What is the tax rate for my income?

The tax rate for your income in California depends on how much you make. Generally, the more you make, the more you will be taxed. To get a better understanding of the tax rate for your income, it is important to understand the different income tax brackets in California. For those who make less than $8,809 in California, they are not required to pay a state income tax. For those who make between $8,809 and $20,883, their income is taxed at a rate of 1%. For people who make between $20,883 and $32,960, their income is taxed at a rate of 2%. For those who make between $32,960 and $45,753, their income is taxed at a rate of 4%. If your income falls between $45,753 and $57,824, you are taxed at a rate of 6%. If you make between $57,824 and $295,373, you are taxed at a rate of 9.3%. If you make more than $295,373, your income is taxed at a rate of 10.3%. Income tax rates tend to change every year so make sure to stay up to date on the current tax rates for California. Additionally, you should consult a tax professional to ensure that you are in compliance with the current California tax laws.

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