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We cannot guarantee the accuracy of this translation and shall not be liable for any inaccurate information or changes in the page layout resulting from the translation application tool.įorms, publications, and all applications, such as your MyFTB account, cannot be translated using this Google™ translation application tool. For a complete listing of the FTB’s official Spanish pages, visit La esta pagina en Espanol (Spanish home page). These pages do not include the Google™ translation application. We translate some pages on the FTB website into Spanish. If you have any questions related to the information contained in the translation, refer to the English version. Any differences created in the translation are not binding on the FTB and have no legal effect for compliance or enforcement purposes. The web pages currently in English on the FTB website are the official and accurate source for tax information and services we provide. Consult with a translator for official business. This means that your contributions to a medical aid, as well as a portion of your ‘qualifying expenses’ (certain medical related spend), is converted to a tax credit, which is deducted from your overall tax liability (the amount of tax you have to pay SARS). If you use your health care flexible spending account to pay for eligible expenses, you cannot deduct those same expenses from your federal income tax. This Google™ translation feature, provided on the Franchise Tax Board (FTB) website, is for general information only. A tax credit is a deduction off your tax payable. Visit 2021 Instructions for Schedule CA (540) or 2021 Instructions for Schedule CA (540NR) for more information. Alimony payments are deducted by the payer and included in the income of the payee.Alimony payments are not deducted by the payer spouse and are not included in the income by the recipient spouse.California conforms to the federal law.ĭivorce or Separation Agreements executed after December 31, 2018, (or executed on or before Decemand modified after that date):.A schedule CA adjustment is needed.ĭivorce or Separation Agreements executed before January 1, 2019: California does not conform to the federal change.Gambling losses are deductible to the extent of gambling winnings.Īll deductions for expenses incurred in carrying out wagering transactions, and not just gambling losses, are limited to the extent of gambling winnings.ĭivorce or Separation Agreements executed after December 31, 2018: Job Expenses and Certain Miscellaneous Itemized DeductionsĮxpenses that exceed 2% of your federal AGI Expenses that exceed 7.5% of your federal AGI
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