Question

Using the 2024 California Tax Table (not the California 2EZ Tax Table), determine the tax of Rumi Reddy, a single taxpayer (no dependents) with taxable income of $84,550.

Answer 1

Using the 2024 California tax brackets for a single filer, the tax on $84,550 of taxable income is calculated by applying each bracket rate to the portion of income in that bracket:

Brackets and tax on each portion
- 1% on first $10,099 -> 10,099 × 0.01 = $100.99
- 2% on $10,100–$23,942 (13,843) -> 13,843 × 0.02 = $276.86
- 4% on $23,943–$37,788 (13,846) -> 13,846 × 0.04 = $553.84
- 6% on $37,789–$52,634 (14,846) -> 14,846 × 0.06 = $890.76
- 8% on $52,635–$66,420 (13,787) -> 13,787 × 0.08 = $1,102.96
- 9.3% on amount over $66,420: ($84,550 − $66,421 = $18,129) -> 18,129 × 0.093 = $1,685.997

Sum = 100.99 + 276.86 + 553.84 + 890.76 + 1,102.96 + 1,685.997 = $4,611.41

So the California tax is $4,611.41 (about $4,611 when rounded to the nearest dollar).