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Original members of az yet4/13/2023 Highest income tax rate: 5.75% (on more than $10,000 of taxable income for married joint filers and $7,000 for single filers).Lowest income tax rate: 1% (on up to $1,000 of taxable income for married joint filers and up to $750 for single filers).For the 2022 tax year, the credit is worth up to $1,695.įor more information about California taxes, see the California State Tax Guide (opens in new tab). The state does offer a special income tax credit if you're at least 65 years old, you qualified as a head-of-household filer for at least one of the past two years, your qualifying person died in the past two years, and your 2022 income is less than $89,931. This applies to all military pension income received while a retiree is a California resident, regardless of where he or she was stationed while on active duty. The Golden State taxes 100% of a resident's military retirement pay, along with private, local, state, and other federal pensions. Highest income tax rate: 13.3% (on more than $1,354,550 of taxable income for married joint filers and $1 million for single filers). Lowest income tax rate: 1% (on up to $20,198 of taxable income for married joint filers and up to $10,099 for single filers).California Tax on Military Retirement Pay
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