When it comes to determining how much tax is taken out of your paycheck in California, there are several factors to consider. The amount of tax withheld from your paycheck depends on your income, filing status, and any allowances you may have claimed on your W-4 form. In California, state income tax rates range from 1% to 13.3%, depending on your income level and filing status.
Additionally, California has its own state disability insurance (SDI) tax, which is withheld from your paycheck at a rate of 1.2% on the first $128,298 in wages for 2020. There is also a 6.2% Social Security tax and a 1.45% Medicare tax that are deducted from your paycheck as well.
To calculate the exact amount of tax that will be taken out of your paycheck, you can use the California state tax withholding tables provided by the state's Franchise Tax Board. These tables take into account your income, filing status, and number of allowances to determine the amount of tax that will be withheld from your paycheck.
It's important to note that these are general guidelines and your individual tax situation may vary. Consulting with a tax professional or using online tax calculators can provide you with a more accurate estimate of how much tax will be taken out of your paycheck in California.