Taxes = Federal Tax + California State Tax + FICA
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California has a progressive state income tax system with rates ranging from 1% to 13.3%. This calculator estimates your total tax burden including federal income tax, California state tax, and FICA (Social Security and Medicare) taxes.
The calculator uses current tax brackets for:
Federal Tax: Progressive tax based on IRS brackets
State Tax: California's progressive tax system
FICA: 6.2% Social Security (up to wage base) + 1.45% Medicare
Tips: Enter your gross annual salary and select your filing status. The calculator will estimate your tax burden and net income.
Q1: Are these calculations exact?
A: This provides estimates. Actual taxes may vary based on deductions, credits, and other factors.
Q2: What about local taxes?
A: California doesn't have local income taxes, but some cities have payroll taxes.
Q3: How often are tax brackets updated?
A: Federal and state brackets are typically adjusted annually for inflation.
Q4: What's not included in this calculation?
A: Itemized deductions, tax credits, AMT, and other special situations aren't accounted for.
Q5: Is this calculator for W-2 employees only?
A: Yes, this calculates taxes for traditional employment income. Self-employment has different tax rules.