| If you are a new resident of California then you may | | | | matures. |
| want to learn about its tax structure. These are some | | | | 4. In the case of Community property, in which |
| basic checklist points for new residents: | | | | category of the income bracket do you fit in? |
| . Is it essential to file a return in California State? | | | | Community property taxes affect the income figure |
| . Are you granted Other State Income Tax Credit? | | | | you have specified in the state or federal returns. It |
| . Are you acquainted with the influence of Community | | | | may be an advantage, if both the spouses file their |
| Property Laws on your taxes? | | | | returns separately. |
| . In the case of Community property, in which category | | | | 5. Have you sold your residential property? |
| of the income bracket do you fit in? | | | | If you have sold your residential property, it is beneficial |
| . Have you sold your residential property? | | | | if you dont mention it in your federal tax return, unless |
| . Have you claimed the relocation deduction? | | | | the profit exceeds your exclusion amount. |
| . Are you just a visitor or planning to settle down? | | | | 6. Have you claimed the relocation deduction? |
| . Are you a worker from other country? | | | | If you are relocating for a job, then you may seek this |
| 1. Are you required to file a return in California State? | | | | deduction. However, to fall under this category, your |
| You may need to pay tax half yearly of full term. But, | | | | workplace must be at least 50 miles farther from your |
| before filing the return you have to check your income | | | | home. |
| criteria and the amount of tax payable in the Non | | | | 7. Are you just a visitor or planning to settle down? |
| Resident California Tax Booklet. If you dont fall under | | | | If you are a resident of the United States and paying |
| the taxable category, it is better you file the return so | | | | taxes and simply visiting California, then you dont have |
| as to benefit from a refund, if California State Income | | | | to pay the income tax. But, if you buy any product in |
| Tax was withheld from your pay. | | | | the state, you are liable to pay sales or other local tax. |
| 2. Are you granted Other State Income Tax Credit? | | | | 8. Are you a worker from other country? |
| Your income may be taxable in two or more states. If | | | | If you are from another country and working in the |
| you have paid the tax in the state you were working in | | | | United States, then you may need to acquire a sailing |
| and continue to do so in California, then you may be | | | | or departure permit before leaving the country. |
| entitled for a tax credit. | | | | Sales Tax- If you are not a resident of California, but |
| 3. Are you acquainted with the influence of Community | | | | you trade and work in the state, then you must file for |
| Property Laws on your taxes? | | | | California Income Tax Return. You may also have to |
| As California is a community property state, all the | | | | pay Personal Tax, which may be deducted from your |
| property owned by a couple is considered community | | | | income. |
| property. Each couple owns an equal share in the | | | | Federal tax- If you visiting California for a business |
| community property. Community property ceases to | | | | deal, you may have to file the Federal Income Tax |
| exist on the demise of either spouse. Community | | | | with the Internal Revenue Service. |
| property tax also ends when the decree of dissolution | | | | |