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Article #1463

Re: California state tax ?!

#1463
From: Gwailo
Date: Wed, 22 Apr 1998 00:00
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thejoeschmoe@hotmail.com wrote:

> Hi,
>    can someone point me to a website where I can find state income
> tax information for different states ? I had found one recently but
> I am not able to locate it today. I tried all kinds of meta search
> engines etc to no avail.

 http://www.taxadmin.org/fta/FORMS.html Has links to all state tax agencies.

>    In particular, whats the state income tax for California ? Is
> it a fixed % or does that also depend on income ?

depends on income

> What will it be for a single porson with 69k per year salary ?

very roughly, $4,500 assuming no itemized deductions

> If I live in California (Bay Area) is there any other tax that will be taken
> out from my salary apart from Federal, State, and Social Security ?

Calif state disability. 1/2% of the first $32,000

> Is the Social security tax different for California than for other
> states ?

No

>    Is my 401(k) contribution exempt only from Federal tax?
> Or is it exempt from state income tax also ?

Calif and Fed rules are the same here

>    Lastly, apart from rent(or buying a house) and gasolene, what
> else is significantly more expensive in the Bay Area ?

This is a high wage, high cost of living area generally.

> For an 88 toyota camry (I plan to use it forever) in decent shape, how much
> car
> registration fees and auto insurance do you think I will be paying ?

$100 or so registration. Insurance depends where you live, age, and record.

'Gwailo ("Be sure and wear some flowers in your hair.")
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From: Gwailo <rdaniels@sirius.com>
Subject: Re: California state tax ?!
Date: 1998/04/22
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