Question
In the left column, circle T or F on a true/false question; or insert answer for a fill-in question. T F 1. (LO1) California has
In the left column, circle T or F on a true/false question; or insert answer for a fill-in question.
T F | 1. (LO1) California has one of the highest income tax rates in the Nation.
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T F | 2. (LO1) California collects sales and use tax in addition to personal income tax.
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T F | 3. (LO2) A taxpayer would file a personal income tax appeal with the California Franchise Tax Board.
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Publication _________ | 4. (LO2) What is the FTB publication number that covers the Guidelines to California adjustments providing the differences between federal and California Law?
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T F | 5. (Materials list) 540NR Booklet provides information and instructions for California residents who have only been in the state for part of the year. |
T F | 6. (LO3) Publication 1031 contains guidelines to help determine California residency.
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T F | 7. (LO3) The factors that determine if a California resident is required to file an income tax return include federal gross income, federal AGI, filing status, age, and number of dependents.
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$_________ | 8. (LO3) Carol and Chet file jointly, are both under age 65, and have one dependent. What is the amount their California gross income needs to exceed to require them to file a return for 2020? |
T F | 9. (LO3) Chuck is 14 years old, is claimed as a dependent by his parents, and has earned income of $1,090 and interest income of $580. Because his total income is more than the standard deduction, he is required to file a 2020 California income tax return. |
$_________ | 10. (LO3) Carl is age 65 and is filing single with no dependents. What is the amount his California Adjusted Gross Income (AGI) needs to exceed to require Carl to file a return for 2020?
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