What would you like to do?
How much is property tax in California?
The property tax in California can vary from year to year. However, to calculate the California property tax for one's home is quite simple. The tax can not exceed more than 1% of the home's value and can not increase more than 2% from the previous year.
4 people found this useful
Was this answer useful?
Thanks for the feedback!
A tax Id number is used to identify a business entity. Usually all businesses need a federal tax ID number. In California, you have to go to the IRS website and fill out the f…orms required to get tax ID number. These forms are free.
One mill is a real estate tax levy of 1 dollar for every one thousand dollars of assessed value. The real estate levy is known as the millage rate. For example, if your city o…r county has a current millage rate of $21 per $1,000 of assessed value and the current assessment for your home is $100,000, the annual real estate tax levy would be $2,100 (100,000 divided by 1,000 = 100 multiplies by $21.00 = $2,100). Not all states use a millage rate (rate per 1,000) some set a levy rate per $100 of assessed value. Ask you local assessor to be sure.
\nTax is 63.9 cents per gallon. Of that amount 18.4 cents is Federal Tax.
Yes. Just as you would pay property taxes on any property that you own.
it depends on the price of the home you purchase. the less the appraised value is, the less you pay in taxes. the higher the more money spent on taxes. its safe to say a…bout 1.25% of your home purchase price is due annually. for example a 169k home purchased would be 2112 bucks per year. payable in 2x payments or one lump sum. of course you can save in installmenst and set aside for the lump payment ;)
Approximately 10% of the purchase price. Ca sale tax is 8.25, title is is the cost of one month payment (the initial first 3 years approximately), and license is approxi…mately 200.00. Hope that helps.
1.25% of the purchase price per year.
In the San Francisco East Bay (Castro Valley, CA) we pay 8.5 cents on the dollar.
California lottery winnings are not subject to California income tax, but they are subject to federal income tax and to income tax in other states if the winner is not a Calif…ornia resident. If you are a non-resident alien, they will withhold $7200. If you are subject to backup withholding, $6720. For everyone else, $6000. Remember, the amount they withhold is not the actual amount of taxes that you owe on your winnings. That amount can only be determined when you fill out your Form 1040 at the end of the year. You may end up owing a lot more at the end of the year or getting a refund at the end of the year. In addition, if you are not a California resident, you may end up owing your home state a lot of money at the end of the year.
Depends on many things...especially how much was paid in and other deduction income considerations.....thats why a reutrn needs to be filed.
The property tax rate for Hamilton Twp NJ is 3.763% which is the 2009 rate. The 2010 tax rate will be released with the 3rd Qtr billing due 8-1-10. Many towns are late to esta…blish a tax rate and hence extend the third quarter due date. To calculate the property taxes per year charged to your property: Example: The total assessment of your property is $50,000 per the municipal tax assessor office.$50,000times.03673 (decimal format)Equals $1,836.50 property taxes billed/owed per year regarding your property.This is the total amount billed for 2009 calendar tax year.2010 first and second quarter will equate to one half of the total 2009 taxes billed.New tax rates are always established during the 3rd quarter of the year in towns such as Hamilton which use a calendar tax year (only other option is a fiscal tax year).
Depending where the car is purchased and registered. Cities, counties have different tax bases. If you purchase a car in Tracy (8.750%) or Tahoe City (8.250%) and registered t…he car in Pleasanton (9.750%) or Oakland (9.750%) DMV would charge the additional monies.
The property taxes and mill rate is determined by county, city, and municipality. Contacting the taxation department in the local area should be able to provide this infor…mation.
California no longer collects inheritance tax. This law was abolished in June of 1982. Any inheritance received is tax free in this state.
In California it was 8.25%, but now it is increased to 9.25%.
Yes, but the FTB would need to go through a judicial process designed to gain the target state's bank. If it were a bank in, say Nevada, and it was a Nevada corporate account,… that would take quite a while for the FTB if they could do it at all. Added: If the bank in question was a branch of a bank operating in CA the court could serve the lien papers on the bank's registered agent in the state of California.