California has nine income tax rates, ranging from 1% to 12.3%. People who make above $1 million are subject to an additional 1% mental health services tax. Tax deadlines: State tax returns and ...

The specific rate you pay depends on your tax bracket. It’s important for both residents and businesses to understand California’s state income tax brackets and how they impact what you owe.

Some high earners in California might feel some tax relief where federal taxes are concerned, though, likely not nearly enough to make up for the state tax hike. The 2024 federal tax brackets have ...