The 2012 California personal income tax rates have been updated by the California Franchise Tax Board (FTB) to reflect the passage of California Proposition 30.

Schedule X — Single or married/RDP filing separately

If the taxable income is:

Over: But not over: Tax is:
$0 $7,455 $0.00            Plus 1.00% of amount over $0
$7,455 $17,676 $74.55          Plus 2.00% of amount over $7,455
$17,676 $27,897 $278.97        Plus 4.00% of amount over $17,676
$27,897 $38,726 $687.81        Plus 6.00% of amount over $27,897
$38,726 $48,942 $1,337.55     Plus 8.00% of amount over $38,726
$48,942 $250,000 $2,154.83     Plus 9.30% of amount over $48,942
$250,000 $300,000 $20,853.22   Plus 10.30% of amount over $250,000
$300,000 $500,000 $26,003.22   Plus 11.30% of amount over $300,000
$500,000 And over $48,603.22   Plus 12.30% of amount over $500,000

Schedule Y — Married/RDP filing jointly, or qualifying widow(-er) with dependent child

If the taxable income is:

Over: But not over: Tax is:
$0 $14,910 $0.00            Plus 1.00% of amount over $0
$14,910 $35,352 $149.10        Plus 2.00% of amount over $14,910
$35,352 $55,794 $557.94        Plus 4.00% of amount over $35,352
$55,794 $77,452 $1,375.62     Plus 6.00% of amount over $55,794
$77,452 $97,884 $2,675.10     Plus 8.00% of amount over $77,452
$97,884 $500,000 $4,309.66     Plus 9.30% of amount over $97,884
$500,000 $600,000 $41,706.45   Plus 10.30% of amount over $500,000
$600,000 $1,000,000 $52,006.45   Plus 11.30% of amount over $600,000
$1,000,000 And over $97,206.45   Plus 12.30% of amount over $1,000,000

Schedule Z — Head of household

If the taxable income is:

Over: But not over: Tax is:
$0 $14,920 $0.00           Plus 1.00% of amount over $0
$14,920 $35,351 $149.20        Plus 2.00% of amount over $14,920
$35,351 $45,571 $557.82        Plus 4.00% of amount over $35,351
$45,571 $56,400 $966.62        Plus 6.00% of amount over $45,571
$56,400 $66,618 $1,616.36     Plus 8.00% of amount over $56,400
$66,618 $340,000 $2,433.80     Plus 9.30% of amount over $66,618
$340,000 $408,000 $27,858.33   Plus 10.30% of amount over $340,000
$408,000 $680,000 $34,862.33   Plus 11.30% of amount over $408,000
$680,000 And over $65,598.33   Plus 12.30% of amount over $680,000

The standard deduction is:

  • $3,841 for single taxpayers and married taxpayers filing separate returns, an increase from $3,769 in 2011; and
  • $7,682  for married taxpayers filing jointly, surviving spouses and heads of households, an increase from $7,538 in 2011.

Personal exemptions amounts are:

  • $104 for single taxpayers, married taxpayers filing separately and heads of households, an increase from $102 in 2011;
  • $208 for married taxpayers filing jointly and surviving spouses, an increase from $204 in 2011; and
  • $315 to $321 for dependents.

The renter’s credit against personal income tax ($60 for single filers and $120 for joint filers) is available for:

  • single filers with AGIs of $36,337, an increase from  $35,659 in 2011; and
  • joint filers with AGIs of $72,674, an increase from  $71,318 in 2011.

Additional information about the 2012 tax rates, exemptions and other tax amounts can be found on the FTB website.