When will you receive your refund? The answer depends on how you filed your return. The IRS should issue your refund check within six to eight weeks of filing a paper return.
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With the passage of Proposition 30 a few years back, the familiar tax brackets of 1%, 2%, 4%, 6%, 8% and 9.3% are still with us.
NEW BRACKETS of 10.3%, 11.3% and 12.3% were passed for the period of 2012 through 2018. And they apply to taxable incomes exceeding $250,000.
There is also a "mental health services tax", often called the "Milllionaire tax", which is a "surtax" of 1% on any taxable income in excess of $1 million.
Effectively, it makes California's highest tax bracket 13.3%.
The next few pages on my site will give you more information related to the following: