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Get your taxes done using TurboTax
@Helpneeded12 wrote:
Thank you both! One question is what will my California tax rate be? Will is be the rate for someone who makes $115,000 or someone who makes only $15,000?
You're going to have to check the CA instructions for non-residents (or maybe one of the experts here has done CA non-resident returns) to know for sure.
If you were filing a New York non-resident return, New York would determine the percentage rate based on your total taxable income, but only the NY source income is taxed at that rate. I haven't done a CA non-resident return so I can't tell you how they do it. Also note that non-residents are often subject to different rules regarding standard deductions and so on.
Lastly, I want to comment that you will be required to manually allocate your income to each state, Turbotax can't guess for you. In your case, that would mean assigning 100% of the CA rental to CA, and then assigning zero percent of wages, interest, dividends, and other types of income to CA.