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Level 1
January 29, 2020
Question

Are 401k contributions considered taxable income in California?

  • January 29, 2020
  • 1 reply
  • 3 views
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1 reply

Alumni - Intuit
January 29, 2020

No, 401(k) contributions are exempt from federal income tax and from California state income tax.

ftb.ca.gov

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