California + Federal Tax Calculator

Free tool for California residents — Retirement, 401(k), Roth IRA, Capital Gains, Deductions & Expense Coverage — Tax Year

👤 Profile

💰 Income Sources

Earned & Investment (Available Now)
Short-Term Cap. Gains Taxed as Ordinary
$0
Long-Term Cap. Gains 0/15/20% Federal
$0

Your cost basis is returned tax-free — only the gain is taxed. Full proceeds count toward cash available to spend.

Retirement Accounts 🔒 Locked until 59.5
⚠️ Withdrawals before age 59.5 incur a 10% federal + 2.5% CA early withdrawal penalty on top of income tax. Penalty applied to amounts entered below.
Tax-Free Income

🧾 Deductions

Deduction Summary
Federal Standard
$15,000
Federal Itemized
$0
CA Standard
$5,363
CA Itemized
$0

🏠 Annual Expenses

Monthly inputs auto-multiply ×12. Enter what you actually spend or plan to spend.

Housing (monthly)
/mo= $0/yr
/mo= $0/yr
/mo= $0/yr
/mo= $0/yr
Education (annual)
Cost of Living (monthly)
/mo= $0/yr
/mo= $0/yr
/mo= $0/yr
/mo= $0/yr
/mo= $0/yr
/mo= $0/yr
Travel (annual)
Other
$0
(= $0 / month)

📅 Planning Timeline

Federal Tax

$0
on $0 taxable
Effective0.0%
Marginal0%

California Tax

$0
on $0 taxable
Effective0.0%
Marginal0%

Combined + Penalties

$0
total tax burden
Combined Eff.0.0%
NIIT$0
Penalties$0
Total Gross Income
$0
Total Cash Available
$0
(after-tax + basis returned)
Gross-Up Factor
—
per $1 of expense (wages)

📊 Coverage Analysis — Can You Cover Your Costs?

What You Need (Annual)

Living expenses$0
Federal tax$0
California tax$0
Early withdrawal penalties$0
TOTAL NEEDED (gross)$0

What You Have (Annual)

Gross income$0
Tax-free + basis returned$0
Total cash available$0
Expenses covered$0 / $0
SURPLUS / (DEFICIT)$0
ENTER INCOME AND EXPENSES TO SEE ANALYSIS
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📋 Income Type Breakdown

Income TypeAmountFederal TreatmentCA TreatmentFed TaxCA Tax

Federal Bracket Breakdown

RateBracketIn BracketTax

California Bracket Breakdown

RateBracketIn BracketTax

CA taxes all cap gains as ordinary income. SS benefits are CA-exempt.