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Does california have income tax?

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California also does tax this income; however, California will give you a credit for the amount of tax you pay on this same income to Massachusetts so that you are not over-taxed. read more

California has nine personal income tax rates ranging from 1 percent to 13.3 percent. They're levied on both residents’ incomes and income earned in the state by non-residents. Although many states have reciprocity agreements with others that allow non-residents to work there without paying income tax anywhere other than their home state, California isn't one of them. read more

State income tax is imposed at a fixed or graduated rate on taxable income of individuals, corporations, and certain estates and trusts. The rates vary by state. Taxable income conforms closely to federal taxable income in most states, with limited modifications. The states are prohibited from taxing income from federal bonds or other obligations. read more

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