How do I know if I owe taxes?

In California, knowing whether or not you owe taxes is relatively simple. If you are a resident of California, you are required to file taxes each year if you made a certain amount of money. Generally, if you are filing as a single taxpayer, you must file a state return if you made more than $11,990 in the tax year. If you are filing as "head of household," you must file a state return if you made more than $17,018. Additionally, if you are married filing jointly, you must file a state return if you and your spouse made more than $23,980 in the tax year. If you are an non-resident of California, you are required to file taxes if you received any income from California sources, regardless of the amount. This includes income from wages, commission, rental income, or any other sources. If you are an independent contractor, you are required to pay taxes on all income you receive as a contractor. This includes income you receive as a contractor for companies based in California, even if you do not reside in the state. No matter if you are a resident or a non-resident, the California Franchise Tax Board (FTB) requires that you have paid the correct amount of taxes each year. If you did not pay the correct amount, you may owe taxes when you file your return. It’s important to check with the FTB if you think you may owe taxes.

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How do I know if I owe taxes?

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