Tax Brackets 2024 California Tax Bracket

Tax Brackets 2024 California Tax Bracket. You can leverage the 0% capital gains bracket to harvest profits, rebalance your portfolio or save on future taxes. 4% on taxable income between $20,256 and $31,969.

The below state tax rates and brackets, from the california franchise tax board, apply to income you earned in 2023 (reported on your 2023 tax return). 1 percent to 12.3 percent.