30 States With No Estate Taxes or Inheritance Taxes

California

Overall Rating for Taxes on Retirees: Mixed tax picture

State Sales Tax: 7.25% state levy. Localities can add as much as 2.5%, and the average combined rate is 8.55%, according to the Tax Foundation.

State Income Tax Range: Low: 1% (on up to $16,446 of taxable income for married joint filers and up to $8,223 for those filing individually); High: 13.3% (on more than $1,145,960 for married joint filers and $1 million for those filing individually)

State Taxes on Social Security: Benefits are not taxed.

Property Taxes: The median property tax on California’s median home value of $409,300 is $3,237.

PREV 1 ... 5 6 7 ... 31NEXT

Leave a Comment

Your email address will not be published. Required fields are marked *

related posts
from our network