Get CA FTB 540 2017

The qualified senior head of household credit is increased for 2018 to 2% of taxable income of up to $76,082 (formerly, $73,226 for 2017), up to a $1,434 (formerly, $1,380 for 2017) maximum credit amount. $95,373 (formerly, $91,793 for 2017) for married taxpayers filing jointly and surviving spouses.

For married taxpayers filing jointly and surviving spouses with a dependent child, the rates range from 1.0% of the first $17,088 of taxable income (formerly, $16,446 for 2017) to 12.3% of taxable income that is $1,145,960 and over (formerly, $1,102,946 and over for 2017).

In 2018 the standard deduction was $12,000 for single filers and married filers filing separately, $24,000 for married filers filing jointly and $18,000 for heads of household.

For 2018, the standard deduction amount for an individual who may be claimed as a dependent by another taxpayer cannot exceed the greater of $1,050 or the sum of $350 and the individual's earned income.

If you filed Form 1040-A or 1040-EZ last year, you took the standard deduction. If the amount on Line 40 of last year's Form 1040 ends with a number other than 0, you itemized. ... If your return included Schedule A, you itemized.

For example, in 2017 the standard deduction was $12,700 for a married couple, $6,350 for a single filer, and $9,350 for a head of household; each personal exemption was $4,050.

Nearly doubling the standard deduction In 2017, the standard deduction was $6,350 for single taxpayers and those married filing separately, $9,350 for those filing as head of household, and $12,700 for a married couple filing jointly and qualified widow(er)s.

Also, the additional standard deduction for filers over age 65 will still be available. In 2018, the standard deduction for single filers is now $12,000 and $24,000 for those married filing jointly. Single filers over 65 can claim an additional $1,600, and married filers over 65 can claim an extra $2,600.

The standard deduction dollar amount is based on your filing status single, head of household, married filing jointly, or married filing separately. For the 2017 tax year, this amount ranges from $6,350 to $12,700, with additional provisions for those over 65 or the blind.

Itemized deductions are expenses that you can claim on your tax return. They can decrease your taxable income. We do not conform to all federal itemized deductions. ... Your total itemized deductions are more than your standard deduction.

California did not conform with TCJA, and as a result, the Miscellaneous Itemized Deductions, such as union dues, are adjustments when filing a California return for 2018. For 2018, these expenses, after subtraction of 2% of federal adjusted gross income (Form 1040, Page 2, Line 7), are deductible for California.

When you prepare your federal return, if you itemize your deductions (Schedule A), you may deduct 1) state income tax paid (California, in your case) or 2) general sales tax you paid, whichever is greater (but not both). ... One of those items is sales taxes you paid.

California allows deductions for home mortgage interest on mortgages up to $1 million plus up to $100,000 in equity debt.

California Standard Deductions Standard deductions as of 2018 are $4,236 for single filers and married/registered domestic partner filers of separate returns. This increases to $8,472 for married/registered domestic partner filers of joint returns, qualifying widow(er)s, and heads of household.

Use Schedule CA (540), California Adjustments Residents, to make adjustments to your federal adjusted gross income and to your federal itemized deductions using California law.