In 2017, the “Tax Cuts and Jobs Act” overhauled the tax income through sweeping changes made to the tax code, which many consider the largest changes that have been made in 30 years. The following brackets have been in effect since April 2019.
California Single Tax Brackets
| Tax Bracket | Tax Rate |
| $0.00+ | 1% |
| $8,223.00+ | 2% |
| $19,495.00+ | 3% |
| $30,769.00+ | 4% |
| $42,711.00+ | 8% |
| $53,980.00+ | 9.30% |
| $275,738.00+ | 10.30% |
| $330,884.00+ | 11.30% |
| $551,473.00+ | 12.30% |
| $1,000,000.00+ | 13.30% |
California Married Tax Brackets
| Tax Bracket | Tax Rate |
| $0.00+ | 1% |
| $16,446.00+ | 2% |
| $38,990.00+ | 4% |
| $61,538.00+ | 6% |
| $85,422.00+ | 8% |
| $107,960.00+ | 9.30% |
| $551,476.00+ | 10.30% |
| $661,768.00+ | 11.30% |
| $1,000,000.00+ | 12.30% |
| $1,074,996.00+ | 13.30% |
California’s Progressive Tax System
California has a progressive taxation method, which means that you don’t have just one tax bracket, but you every bracket that applies to your income. For example, if you are earning $150,000, you will be taxed for the brackets between $ 0.00 and $8,223.00 all the way up to %53,980.00 and $275,738.00. You will also be taxed by a marginal percentage for any amount you made above your highest bracket.
The chart below shows how this computation is made.
| Single Tax Brackets |
| For earnings between $0.00 and $8,223.00, you’ll pay 1% |
| For earnings between $8,223.00 and $19,495.00, you’ll pay 2% plus $82.23 |
| For earnings between $19,495.00 and $30,769.00, you’ll pay 3% plus $307.67 |
| For earnings between $30,769.00 and $42,711.00, you’ll pay 4% plus $645.89 |
| For earnings between $42,711.00 and $53,980.00, you’ll pay 8% plus $1,123.57 |
| For earnings between $53,980.00 and $275,738.00, you’ll pay 9.3% plus $2,025.09 |
| For earnings between $275,738.00 and $330,884.00, you’ll pay 10.3% plus $22,648.58 |
| For earnings between $330,884.00 and $551,473.00, you’ll pay 11.3% plus $28,328.62 |
| For earnings between $551,473.00 and $1,000,000.00, you’ll pay 12.3% plus $53,255.18 |
| For earnings over $1,000,000.00, you’ll pay 13.3% plus $108,424.00 |
| Married Filing Jointly Tax Brackets |
| For earnings between $0.00 and $16,446.00, you’ll pay 1% |
| For earnings between $16,446.00 and $38,990.00, you’ll pay 2% plus $164.46 |
| For earnings between $38,990.00 and $61,538.00, you’ll pay 4% plus $615.34 |
| For earnings between $61,538.00 and $85,422.00, you’ll pay 6% plus $1,517.26 |
| For earnings between $85,422.00 and $107,960.00, you’ll pay 8% plus $2,950.30 |
| For earnings between $107,960.00 and $551,476.00, you’ll pay 9.3% plus $4,753.34 |
| For earnings between $551,476.00 and $661,768.00, you’ll pay 10.3% plus $46,000.33 |
| For earnings between $661,768.00 and $1,000,000.00, you’ll pay 11.3% plus $57,360.40 |
| For earnings between $1,000,000.00 and $1,074,996.00, you’ll pay 12.3% plus $95,580.62 |
| For earnings over $1,074,996.00, you’ll pay 13.3% plus $104,805.13 |
Tax Accountants in Los Angeles
Our Los Angeles accountants can help guide you in the right direction in every aspect of your tax preparation, in addition to other financial services that you need. Contact us today at 818-639-7478 or fill out our contact form to schedule a free consultation to get started.
