Does a general partnership in California have to pay an annual $800 tax?
A general partnership organized as such does not pay an annual fee. However, an LLC registered in California will pay the annual fee, even if it would otherwise be treated as a partnership for tax purposes. See Limited Liability Company (LLC).
Work for a California company but live in Arizona, do I have to pay AZ and CA taxes?
If you live and work in AZ, you have NO tax liability to CA at all. If your employer is withholding CA income taxes, tell them to stop. If they cannot or will not withhold AZ taxes you may need to make quarterly estimated tax payments to AZ. If your employer withheld CA income taxes from your wages, file a non-resident CA return showing $0 income and the CA taxes that were withheld. CA will refund ALL of the CA income taxes that were withheld from your wages. Attach an explanatory note to the CA return to expedite processing. The fact that your employer is in CA is irrelevant. The only issues that matter is where you live and where you do the work. If that's AZ exclusively, CA has no claim of any tax on your income at all.
What kind of California LLC business is not subject to the $800 annual tax?
A California Limited Liability Company (LLC) doing business in California must pay an annual franchise tax of $800 plus a graduated statutory fee from $900 to $11,790 for any year in which the LLC’s total income derived from or attributable to California is $250,000 or more.The LLC is not required to pay the franchise tax when filing the Articles of Organization, but must do so on or before 15th day of the 4th month of each taxable year thereafter.Note: The fees that are quoted in this article are effective as of the date of the article.For accurate fees, please check the California Secretary of State website under Forms and Fees: Forms, Samples and Fees
If i live in california but work in oregon do i have to pay taxes to both states?
Fill out and file 2 state income tax returns using the instructions for each one nonresident and then the other Ca resident income tax return for this purpose and time in your life. Hope that you find the above enclosed information useful. 02/20/2013
What's it like to live in Los Angeles, California?
I've lived in Dallas, Texas my whole life and I'm thinking about trying out a new area to live in. I graduated with a business degree a year ago and I'm thinking maybe starting a career out in Los Angeles. What's it like to live in California? What are the people like? Are they really laid back and cool to talk with? That's what I've heard, but I'd like to hear from the true people who live in California. What am I to expect there?
I'm living in AZ and working in CA. Do I pay income taxes to both states?
You file a non-resident return for CA, and a resident return for AZ, you will be taxed in both states on the income that you earned in CA, but AZ will give you a credit for taxes paid to CA. It won't be a $ for $ credit though, but will be the lower of the tax liability to CA or the AZ tax on the CA income. (if your CA tax liability is 1,000 and the AZ tax on the CA income is 750, then your credit would be 750. If your CA liability was 750 and the AZ tax on the CA income was 1000, then your credit would be 750.)
Live in nevada work in california?
Nevada has no income tax. However since you work in California, you must pay CA income taxes on those wages. Edit: It does not matter where your employer's office are, what matters is where you live and where you work. Since NV has no income tax you don't have to worry about NV. But CA does have an income tax and since you have CA source income by virtue of working in CA, you must pay CA income taxes on that income. Tro gets it wrong yet again on the concept of tax homes. Your tax home is NOT where you work. Your tax home is where you return to at the end of the work day the majority of the time. Assuming that you commute between NV and CA on a daily basis, your tax home remains NV. Since your tax home is NV, you file a non-resident return in CA.