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MONEY MATTERS In 2013, 3 million California residents who claimed ETC received an average of $2,331 when filing their tax returns. If you earn $52,000 per year or less, you can keep more of your money with
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California residents who have income from various sources must file a California resident tax return.
Individuals who are California residents and have income that is subject to California taxation are required to file a California resident tax return.
To fill out the California resident tax return, individuals must gather their income information, deductions, and credits, and complete the required forms accurately.
The purpose of the California resident tax return is to report income and determine the amount of tax owed or refund due to the individual.
Income from all sources, deductions, credits, and any other relevant financial information must be reported on the California resident tax return.
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