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  2. California Franchise Tax Board - Wikipedia

    en.wikipedia.org/wiki/California_Franchise_Tax_Board

    The California Franchise Tax Board ( FTB) administers and collects state personal income tax and corporate franchise and income tax of California. It is part of the California Government Operations Agency . The board is composed of the California State Controller, the director of the California Department of Finance, and the chair of the ...

  3. Federal tax revenue by state - Wikipedia

    en.wikipedia.org/wiki/Federal_tax_revenue_by_state

    Fiscal Year 2015. This table lists the tax revenue collected from each state, plus the District of Columbia and the territory of Puerto Rico by the IRS in fiscal year 2015, which ran from October 1, 2014, through September 30, 2015. The gross collections total only reflects the revenue collected from the categories listed in the table, and not ...

  4. Taxation in California - Wikipedia

    en.wikipedia.org/wiki/Taxation_in_California

    There is an additional 1% tax (the California Mental Health Services Act tax) if your taxable income is more than $1,000,000, which results in a top income tax rate of 13.3% in California which is the highest statewide income tax rate in the United States. The standard deduction is $4,601 for 2020. See also. California Proposition 218

  5. California Inflation Relief: Here’s When You’ll Get ... - AOL

    www.aol.com/finance/california-inflation-relief...

    How and When MCTR Payments Will Be Made. First, Californians who received Golden State Stimulus (GSS) I or II are expected to receive MCTR direct deposit payments between Oct. 7, 2022, and Oct. 25 ...

  6. Still haven't received your inflation relief money ... - AOL

    www.aol.com/news/still-havent-received-inflation...

    The Middle Class Tax Refund, or inflation relief program, aims to pay $9.5 billion to eligible Californians. Refund payments range from $200 to $1,050 depending on your filing status from your ...

  7. State Stimulus & Taxes: Is Your Inflation Relief Check Taxable?

    www.aol.com/finance/state-stimulus-taxes...

    That’s why, as The San Francisco Chronicle noted, the Tax Franchise Board “surprised tax pros in November when it said it would send a different form — 1099-MISC for miscellaneous income ...

  8. Income tax in the United States - Wikipedia

    en.wikipedia.org/wiki/Income_tax_in_the_United...

    As of 2010, 68.8% of federal individual tax receipts, including payroll taxes, were paid by the top 20% of taxpayers by income group, which earned 50% of all household income. The top 1%, which took home 19.3%, paid 24.2% whereas the bottom 20% paid 0.4% due to deductions and the earned income tax credit.

  9. IRS tells Californians to wait to file tax returns. That ...

    www.aol.com/news/irs-tells-californians-wait...

    According to the California Franchise Tax Board, the state issued more than $9 billion via check or prepaid debit card to more than 16.5 million households, the bulk of it going out last year. If ...

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