Welcome Guest. Sign in or Signup

4 Answers

How much tax do I have to pay in California?

Asked by: Jesica Hogan 480 views YA Discussion

Hi,

This is my first job in the US (CA). My annual salary will be 120000. I am Head of Household with 3 dependents (Wife and 2 kids). How much tax do I have to pay?

thanks

How others found here:

  • ca income tax on 120000
  • taxes paid for income of 120 000 california
  • how much would i pat in taxes in california on 460 000 00

4 Answers



  1. Rob on Oct 19, 2012 Reply

    figure around 25% of income.
    they will tell u later.

    0 Votes Thumb up 0 Votes Thumb down 0 Votes



  2. Chas on Oct 19, 2012 Reply

    If you have a wife you are NOT head of household. You are married filling jointly or single. And you didn’t give enough information to tell. Just fill out a tax form from last year and see what it says.

    0 Votes Thumb up 0 Votes Thumb down 0 Votes



  3. Bobbie on Oct 19, 2012 Reply

    A legally married couple husband and wife married filing joint income tax return reporting all worldwide income from all sources that each taxpayer did receive during the 2012 tax year. NOT HOH at all.
    Primary taxpayer and secondary taxpayer COTAXPAYERS MFJ 2 exemptions on the correctly completed 1040 income tax return using the MFJ status for this purpose.
    2 qualifying children QC dependents under age of 13 for a TOTAL of 4 exemptions on your correctly completed 1040 income tax return during the tax filing season for that tax year RIGHT.

    Here you go you can try and do your own estimated tax calculations at this time in your life for this purpose since you are the only one that would know all of the needed necessary information at this time.
    http://www.irs.gov website and use the search box for 2012 Form 1040-ES (OTC)
    Estimated Tax for Individuals

    http://www.irs.gov/pub/irs-pdf/f1040es.pdf?portlet=3

    Copy and paste the below enclosed website address into your browser address bar for this purpose.

    http://www.dinkytown.net/java/Tax1040.html

    Enter your filing status, income, deductions and credits and we will estimate your total taxes for 2012. Based on your projected withholdings for the year, we can also estimate your tax refund or amount you may owe the IRS next April 2013.
    In 2011, Federal income tax rates were scheduled to increase to pre-2001 levels, but the “Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010″ left the existing tax brackets in place through 2012.
    You probably can find an estimated tax calculator for your state income taxes by going to your state income tax department website and use the search box for estimated tax calculator at that time in your life.
    I would hope that you do find the above enclosed information useful for your situation and good luck to you with this matter.10/19/2012

    0 Votes Thumb up 0 Votes Thumb down 0 Votes



  4. Cathi K on Oct 19, 2012 Reply

    If that is all the income you will not pay any taxes. How do you support a family on 12k? Did you even look at last years tax forms for a clue?

    0 Votes Thumb up 0 Votes Thumb down 0 Votes


Your Reply