Fast tax facts.

special thanks to:

Timothy Suarez and Bella Wang, CPA of Windes & McClaughry Accountancy Corporation, and the FTB for compiling this information.

Welcome to our annual at-a-glance compilation of federal and state tax information. User-friendly tax rate schedules, facts, figures and assorted data make this time-saving section a handy companion. Keep it within arm's reach as you enter the upcoming busy season.

HANDY PHONE NUMBERS

Tax Practitioner Hotlines

IRS Priority Service: (886) 860-4259

FTB: (916) 845-7057

FTB fax: (916) 845-9300

FTB e-file: (916) 845-0353

EDD: (888) 745-3886

BOE: (800) 401-3661

Application for Taxpayer ID Number

Federal Form SS-4: (800) 829-3676

Federal Form SS-4 Fax: (859) 669-5760

Federal Online: www.irs.gov

EDD Form DE 1: (916) 631-8706

EDD Form DE 1: Fax (916) 654-9211

EDD: https://eddservices.edd.ca.gov

The online version of Fast Tax Facts will be updated for tax aw changes. Check it out at www.calcpa.org/fasttaxfacts.

Fast Tax Facts provides general guidance to CalCPA members. CalCPA is not engaged in rendering accounting or other professional advice. Numbers in Fast Tax Facts are subject to change.

2O13 TAX DATA SCHEDULE 2013 2013 Federal California Standard Deductions Single $6,100 $3,906 Married Filing Jointly, Surviving 12,200 7,812 Spouse Married Filing Separately 6,100 3,906 Head of Household 8,950 7,812 Additional for Age 65 and Older or 1,200 Blind Married Additional for Age 65 and Older or 1,500 Blind Unmarried (per individual for each situation age or blind) Taxpayer Claimed as a Dependent 1,000 1,000 Personal or Dependent Exemption 3,900 (Social Security Number required) California Exemption Credits Single, Married Filing Separately $106 Head of Household Married Filing Jointly, Surviving 212 Spouse Dependent 326 Blind or Age 65 and Older 106 Senior Head of Household Credit 2% of California taxable income, $1,272 maximum California AG1 of $66,391 with maximum credit of California Joint Custody Head of Household Credit and Dependent Parent Credit Each is 30% of net tax with maximum $416 credit of Child and Dependent Care Credit Percentage of federal credit for California AGI limits $0-40,000 50% 40,001-70,000 43% 70,001-100,000 34% 100,001 or more 0% California Renter's Credit Married Filing Jointly, Head of $120 Household, Surviving Spouse if AGI is below $73,910 Single or Married Filing Separately 60 If AGI is below $36,955 IRC Section 179 Deduction $500,000 $25,000 Sec. 179 Purchase Phaseout...