Tax Brackets 2024 California 2024. Note, the list of things not included, such as deductions, credits, deferred income, and specialty dividends, capital gains, or other income. These updated brackets will be used to tax 2024 income and to withhold 2025 income.
Nasbo projects fiscal year 2025 will return to more normal growth of 1.6%. The state also levies a 1% mental health services tax on income exceeding $1 million.