Get the free FEDERAL & CALIFORNIA INCOME TAX WITHHOLDING ELECTION FORM - slocounty ca
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ELECTION FORM. CAUTION: There are PENALTIES for NOT PAYING ENOUGH TAXES during the year. Estimated tax requirements and penalties are explained in IRS Publication 505.
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Federal and California income refers to the income tax that individuals must pay to both the federal government and the state of California.
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Individuals who earn income in the state of California and/or have federal income tax obligations are required to file federal and California income taxes.
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To fill out federal and California income taxes, individuals must gather all relevant income and expense information, complete the appropriate tax forms, and submit them to the IRS and California Franchise Tax Board.
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The purpose of federal and California income taxes is to fund government operations, programs, and services.
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Income, deductions, credits, and other relevant financial information must be reported on federal and California income tax returns.
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