The California Franchise Tax Board (FTB) has released the 2008 Tax Rates. The new tax rates are listed below. More information about the California state taxes can be found at the FTB website.
Schedule X — Single, married/RDP filing separately
| If the taxable income is | |||||
|---|---|---|---|---|---|
| Over | But not over | Tax is | Of amount over | ||
| $0 | $7,168 (formerly $6827) | $0.00 | Plus | 1% | $0 |
| $7,168 | $16,994 | $71.68 | Plus | 2% | $7,168 |
| $16,994 | $26,821 | $268.20 | Plus | 4% | $16,994 |
| $26,821 | $37,233 | $661.28 | Plus | 6% | $26,821 |
| $37,233 | $47,055 (formerly $44,814) | $1,286.00 | Plus | 8% | $37,233 |
| $47,055 | And over | $2,071.76 | Plus | 9.3% | $47,055 |
Schedule Y — Married/RDP filing jointly and qualifying widow(er) with dependent child
| If the taxable income is | |||||
|---|---|---|---|---|---|
| Over | But not over | Tax is | Of amount over | ||
| $0 | $14,336 (formerly $13,654) | $0.00 | Plus | 1% | $0 |
| $14,336 | $33,988 | $143.36 | Plus | 2% | $14,336 |
| $33,988 | $53,642 | $536.40 | Plus | 4% | $33,988 |
| $53,642 | $74,466 | $1,322.56 | Plus | 6% | $53,642 |
| $74,466 | $94,110 (formerly $89,628) | $2,572.00 | Plus | 8% | $74,466 |
| $94,110 | And over | $4,143.52 | Plus | 9.3% | $94,110 |
Schedule Z — Unmarried head of household
| If the taxable income is | |||||
|---|---|---|---|---|---|
| Over | But not over | Tax is | Of amount over | ||
| $0 | $14,345 (formerly $13,662) | $0.00 | Plus | 1% | $0 |
| $14,345 | $33,989 | $143.45 | Plus | 2% | $14,345 |
| $33,989 | $43,814 | $536.33 | Plus | 4% | $33,989 |
| $43,814 | $54,225 | $929.33 | Plus | 6% | $43,814 |
| $54,225 | $64,050 (formerly $61,000) | $1,553.99 | Plus | 8% | $54,225 |
| $64,050 | And over | $2,339.99 | Plus | 9.3% | $64,050 |
