California

# What is the federal California tax rate?

###### Wiki User

The federal tax rate is based on income, and is constant throughout all states - it's the state tax rate which varies between states.

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## Related Questions

No the federal tax brackets would NOT be your average income tax rate on your income. Each separate federal tax bracket amount is your marginal tax rate for that amount of your taxable income that is in that bracket amount.

For 2011, the federal estate tax exemption will be \$5 million and the estate tax rate for estates valued over this amount will be 35%. The estate tax has also become unified with federal gift and generation-skipping transfer taxes such that in 2011 the lifetime gift tax exemption and generation-skipping transfer tax exemption will be \$5 million each and the tax rate for both of these taxes will also be 35%. There is NO federal level inheritance tax.

The sales tax rate varies by city in California. 'Sources and related links' below has a list of rates per city.

California no longer has an estate tax to speak of. It was repealed in 2005.

California does not tax have a state income tax on lottery winnings. The federal withholding rate amount is 25 % to be withheld from the winnings amount.

The rate would be your marginal tax rate after your income tax return is completed correctly. From the -0-% to the maximum 35% rate.

The California sales tax rate is currently 6.25%. However, California adds a mandatory local rate of 1.25% that increases the total state sales and use tax base to 7.5%. Depending on local municipalities, the total tax rate can be as high at 10.0%.

To find the federal tax rate at which the buyer would be indifferent between Muni bonds(which are tax free) and Corporate bonds(which fall under your tax bracket tax rate) you follow this simple formula: Corporate Bond Yield=(Municipal bond Yield)/(1- Federal tax rate) In this case you would solve for the Federal Tax Rate and get an answer of .25 or 25% http://luhman.org/Nts/Bond/140_Municipals.html

California capital gains tax is not different from tax on other forms of income. The rate for income above approximately \$48,000 is 9.3%

The taxes in California varies by what city in California someone is in. The rate varies of 4% to 7%. This rate for general goods. People in California also pay an income tax.

For federal and state income tax purpose because of any adjustments, deduction's, exemptions, nonrefundable tax credits, refundable tax credit, additions to tax, etc. before you arrive at the Effective tax rate.

The 2009 federal tax rate schedules can be found in the 2009 Form 1040ES instructions: http://www.irs.gov/pub/irs-pdf/f1040es.pdf

The income tax rate in California has slightly increased between the years 2010 and 2011. Currently the new income tax has raised to around five percent.

The California sales tax rate is made up of other city, county, and state taxes. California Sales Tax is also higher than most other states because there is a use tax added onto the sales tax. The additional use tax can be as much as 1% or as low as 0.10%

The Temecula (zip 92592), California, sales tax rate is 8%.

There are many places where one can hire a tax lawyer in California. One can hire a tax lawyer in California by visiting popular on the web sources such as Tax Lawyers Group and Bank Rate.

Tax is 63.9 cents per gallon. Of that amount 18.4 cents is Federal Tax.

For the tax year 2010 at this time July 22 2010 8:25 pm the federal income tax rate from the 1040 federal income tax return THE TAXABLE INCOME from page 2 line 43 starts at 10% and goes to the maximum tax bracket amount of 35 %.Go to the IRS gov website and use the search box for 1040ES go to page 8The 2009 federal tax rate schedules can be found in the 2009 Form 1040ES instructions, in the Related Link below.

federal tax rate on modified endowment contracts

The current total local sales tax rate in Beverly Hills, CA is 9.0%