California Tax Brackets 2024 Nerdwallet Calculator. First, we calculate your adjusted gross income (agi) by taking your total household income and reducing it by certain items such as contributions to your 401 (k). 121 rows california offers a standard deduction for taxpayers, which reduces your taxable income.

Use this capital gains calculator to estimate your taxes on assets sold in 2023 (taxes filed in 2024). The below state tax rates and brackets, from the california franchise tax board, apply to income you earned in 2023 (reported on your 2023 tax return).