Showing posts with label California State taxes 2009. Show all posts
Showing posts with label California State taxes 2009. Show all posts

Friday, March 5, 2010

Calculate your California taxes using California State Tax Calculator 2009

Very Simple but powerful tool to estimate the status of your state tax return (refund or due) is a state tax calculator.

Below is the link of California state tax calculator provided by FTB on california government website.


Choose the filing status and provide the gross income to calculate your state taxes. You can estimate your refund as per your taxes that you paid on your income.

You can file your california state taxes free of cost using government e-file options. You can read more on http://fstax.blogspot.com/2010/01/file-your-simple-california-state-tax.html

Tuesday, January 26, 2010

File Your Simple California State Tax Return Free. Prepare, Print or E-File

California government supports the facility like ReadyReturn to prepare a simple tax return with ease of use on government website.

ReadyReturn :

ReadyReturn is a free service developed by California Government (FTB) to make filing individual income tax returns easier. It uses information the state already has from the last return you filed and from your Form W-2 to pre-fill a California state tax return.
If you are single and your income is only from wages, you may qualify for ReadyReturn. It simplifies the filing process by pre-filling a tax return with information the state already has.
 



 
To qualify, you must have filed a 2008 California resident Tax return with:
  1. Single or head of household filing status.
  2. Income only from wages.
  3. No more than five dependents.
  4. No credits other than the renter’s credit.
  5. Standard deduction.
In 2009, you must have had only one employer. Taxpayers who can be claimed as a dependent on another person’s tax return qualify for ReadyReturn.

Just follow the state website link and check it out whether you are qualify for readyreturn or not.


You can directly E-file your California state tax return to government or can take a print for future purpose.

File Your California State Taxes Free, Print, Prepare and E-File using CalFile

CALFILE : A service from the California government for Tax Payer to file their tax return totally Free on California Government Website. California Government provides “CALFILE“ to help clients to prepare online Tax return on California Government Website.


If you fullfil all criteria mentioned below, you can qualify to use the CALFILE To file your California state taxes. [As most of the Taxpayer do qualify to use CALFILE for their California tax return.]
  1. Be a California resident for the entire year.
  2. You are filing a 2009 California personal income tax return.
  3. Claiming up to 10 dependents.
  4. Your only income is from Wages, Salary, Tips, Interest, Dividends, Unemployment compensation, paid family leave, and tax refund reported on Form 1099-G, 1099R, Form SSA-1099 etc.
  5. Your Federal Adjusted Gross Income (AGI) can be up to.
  • $160,739 for single and married/registered domestic partnership (RDP) filing separately taxpayers.
  • $241,113 for head of household taxpayers.
  • $321,483 for married/RDP filing jointly and qualifying widow(er) taxpayers.

For more information Click here to check California government website to check whether you qualify or not.

If you Qualify, you can File your California State Taxes using CALFILE free of cost on California Government Website. Click below to Start your California state taxes.

Find out more about CALFILE on the California state tax website.

Please suggest your valuable comments about the post.

[Links and contents are taken from the California government website.]

Monday, January 25, 2010

Tax Law Changes for California State Tax 2009

For Current Tax Year 2009, California government modified various limits. This information will help you to file and estimate your taxes.




California standard deduction amount

For single or married  filing separately amount is decrease from $3,692 to $3,637 for tax year 2009.

For those who file married/RDP filing jointly, surviving spouse, or head of household taxpayers, the standard deduction decrease from $7,384 to $7,274 for tax year 2009.

California Personal Exemption Credit

For single or married  filing separately is decrease from $99 to $98 for tax year 2009.

For those who file married/RDP filing jointly taxpayers, amount decrease from $198 to $196 for tax year 2009.

Exemption credit for Dependent change to $98 for Tax year 2009.

Exemption credit for Blind change to $98 for Tax year 2009.

Exemption credit for Age 65 or older change to $98 for Tax year 2009.

Same way, the limits for the tax tables and tax rates are also changed. You can find out more information for changes in california state tax ranges on the State government website link as below. http://ftb.ca.gov/forms/2009_California_Tax_Rates_and_Exemptions.shtml

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