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<blockquote data-quote="sl1000794" data-source="post: 337952" data-attributes="member: 6974">Not true:California state tax rates and tax brackets
<table style='width: 100%'><tr><th>Tax rate</th><th>Taxable income bracket</th><th>Tax owed</th></tr><tr><td>10.3%</td><td>$312,687 to $375,221.</td><td>$26,082.09 plus 10.3% of the amount over $312,686.</td></tr><tr><td>11.3%</td><td>$375,222 to $625,369.</td><td>$32,523.20 plus 11.3% of the amount over $375,221.</td></tr><tr><td>12.3%</td><td>$625,370 or more.</td><td>$60,789.92 plus 12.3% of the amount over $625,369.</td></tr></table>He will owe CA $176,487 + some change.Of course he can deduct expenses paid to come to Pebble Beach and play the tournament from that.&nbsp; Pebble Beach Lodge is NOT CHEAP!</blockquote>

[QUOTE="sl1000794, post: 337952, member: 6974"] Not true: [COLOR=#202124][FONT=arial]California state tax rates and tax brackets[/FONT][/COLOR] [COLOR=#202124][FONT=arial][TABLE="width: 652"] [TR="class: ztXv9"] [TH]Tax rate[/TH] [TH]Taxable income bracket[/TH] [TH]Tax owed[/TH] [/TR] [TR] [TD]10.3%[/TD] [TD]$312,687 to $375,221.[/TD] [TD]$26,082.09 plus 10.3% of the amount over $312,686.[/TD] [/TR] [TR] [TD]11.3%[/TD] [TD]$375,222 to $625,369.[/TD] [TD]$32,523.20 plus 11.3% of the amount over $375,221.[/TD] [/TR] [TR] [TD][B]12.3%[/B][/TD] [TD][B]$625,370[/B] or more.[/TD] [TD]$60,789.92 plus 12.3% of the amount over $625,369.[/TD] [/TR] [/TABLE] [/FONT][/COLOR] He will owe CA $176,487 + some change. Of course he can deduct expenses paid to come to Pebble Beach and play the tournament from that. Pebble Beach Lodge is NOT CHEAP! [/QUOTE]

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