lauracton
Returning Member

Business & farm

Oh wow thank you for this answer! I now know that I read that chart wrong. I thought the 10k ranges was my total income earned, not my taxible income. For the year, we can guestimate that I'll make right around $10k even. So, with that in mind, I should be calculating the "CA Standard Deduction or MFS" and removing that, to figure out what my taxable income is. In your example, what got removed was about 33.5% if I did my math right. Can you confirm that the CA Standard Deduction is around 33.5%?

All said and done my amount will be even lower than your example. Which is great! Yay. 

 

Thank you so much for these answers I've been thumbs-upping and you're making this so much easier to understand.