Form 540 - California Resident Income Tax Return - 2016 Page 8
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Instructions: Form 540
If you did not itemize deductions on your federal income tax return
y Tax Rate Schedules. If your taxable income on line 19 is over
but will itemize deductions for your Form 540, first complete federal
$100,000, use the tax rate schedule for your filing status on page 80.
Schedule A (Form 1040), Itemized Deductions. Then complete
y FTB 3800. Generally, use form FTB 3800, Tax Computation for
Schedule CA (540), Part II, line 38 through line 44. Attach both the
Certain Children with Investment Income, to figure the tax on a
federal Schedule A (Form 1040) and California Schedule CA (540) to the
separate Form 540 for your child who was 18 and under or a student
back of your tax return.
under age 24 on January 1, 2017, and who had more than $2,100 of
investment income. Attach form FTB 3800 to the child’s Form 540.
Standard deduction. Find your standard deduction on the California
y FTB 3803. If, as a parent, you elect to report your child’s interest
Standard Deduction Chart for Most People. If you checked the box on
and dividend income of $10,500 or less (but not less than $1,050)
Form 540, line 6, use the California Standard Deduction Worksheet for
on your tax return, complete form FTB 3803, Parents’ Election to
Dependents.
Report Child’s Interest and Dividends. File a separate form FTB 3803
for each child whose income you elect to include on your Form 540.
California Standard Deduction Chart for Most People
Add the amount of tax, if any, from each form FTB 3803, line 9, to the
Do not use this chart if your parent, or someone else, can claim you
(or your spouse/RDP) as a dependent on their tax return.
amount of your tax from the tax table or tax rate schedules and enter
the result on Form 540, line 31. Attach form(s) FTB 3803 to your tax
Your Filing Status
Enter On Line 18
return.
1 – Single . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $4,129
To prevent possible delays in processing your tax return or refund, enter
2 – Married/RDP filing jointly . . . . . . . . . . . . . . . . . . . . . . . . . $8,258
the correct tax amount on this line. To automatically figure your tax or to
3 – Married/RDP filing separately . . . . . . . . . . . . . . . . . . . . . . $4,129
verify your tax calculation, use our online tax calculator. Go to ftb.ca.gov
4 – Head of household . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $8,258
and search for tax calculator.
5 – Qualifying widow(er). . . . . . . . . . . . . . . . . . . . . . . . . . . . . $8,258
The California standard deduction amounts are less than the federal
CalFile or e-file and you won’t have to do the math. Go to
✓
Tip
standard deduction amounts.
ftb.ca.gov and search for efile.
Line 32 – Exemption Credits
California Standard Deduction Worksheet for Dependents
Use this worksheet only if your parent, or someone else, can
Exemption credits reduce your tax. If your federal adjusted gross income
claim you (or your spouse/RDP) as a dependent on their return.
(AGI) on line 13 is more than the amount shown below for your filing
Use whole dollars only.
status, your credits will be limited.
1. Enter your earned income from: line 1 of the
For purposes of computing limitations based upon AGI, RDPs,
“Standard Deduction Worksheet for Dependents’’
recalculate their AGI using a federal pro forma or California RDP
in the instructions for federal Form 1040;
Adjustments Worksheet (located in FTB Pub. 737). If your recalculated
Form 1040A; or from line A of the worksheet
federal AGI is more than the amount shown below for your filing status,
on the back of Form 1040EZ . . . . . . . . . . . . . . . 1
your credits will be limited.
2. Minimum standard deduction . . . . . . . . . . . . . . 2
$1,050.00
If your filing status is:
Is line 13 more than:
3. Enter the larger of line 1 or line 2 here . . . . . . . . 3
Single or married/RDP filing separately . . . . . . . . . . . . . . . . . . $182,459
Married/RDP filing jointly or qualifying widow(er) . . . . . . . . . . $364,923
4. Enter the amount shown for your filing status
Head of household . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $273,692
}
y Single or married/RDP filing separately,
enter $4,129. . . . . . . . . . . . . . . . . . . . . . . . .
Yes
Complete the AGI Limitation Worksheet below.
y Married/RDP filing jointly, head of
No
Follow the instructions on Form 540, line 32.
household, or qualifying widow(er),
4
AGI Limitation Worksheet
enter $8,258. . . . . . . . . . . . . . . . . . . . . . . . .
Use whole dollars only.
5. Standard deduction. Enter the smaller of
a Enter the amount from line 13 . . . . . . . . . . . . . . . . . . . . . .a______
line 3 or line 4 here and on Form 540, line 18 . . . 5
b Enter the amount for your filing status on line b:
}
• Single or married/RDP filing separately . . .$182,459
Line 19 – Taxable Income
• Married/RDP filing jointly or
qualifying widow(er) . . . . . . . . . . . . . . . . .$364,923
b______
Capital Construction Fund (CCF). If you claim a deduction on your
• Head of household . . . . . . . . . . . . . . . . . . .$273,692
federal Form 1040, line 43 for the contribution made to a capital
c Subtract line b from line a . . . . . . . . . . . . . . . . . . . . . . . . . c______
construction fund set up under the Merchant Marine Act of 1936, reduce
d Divide line c by $2,500 ($1,250 if married/RDP filing
the amount you would otherwise enter on line 19 by the amount of the
separately). If the result is not a whole number, round it
deduction. Next to line 19, enter “CCF” and the amount of the deduction.
to the next higher whole number . . . . . . . . . . . . . . . . . . . .d______
For details, see federal Publication 595, Capital Construction Fund for
e Multiply line d by $6 . . . . . . . . . . . . . . . . . . . . . . . . . . . . .e______
Commercial Fishermen.
f
Add the numbers from the boxes on
lines 7, 8, and 9 (not the dollar amounts) . . . . . . . . . . . . . f______
Tax
g Multiply line e by line f. . . . . . . . . . . . . . . . . . . . . . . . . . . .g______
h Add the total dollar amount from lines 7, 8, and 9 . . . . . .h______
When figuring your tax, use the correct filing status and taxable income
i
Subtract line g from line h. If zero or less, enter -0- . . . . . i______
amount.
j
Enter the number from the box on
line 10 (not the dollar amount) . . . . . . . . . . . . . . . . . . . . . j______
Line 31 – Tax
k Multiply line e by line j . . . . . . . . . . . . . . . . . . . . . . . . . . . . k______
To figure your tax, use one of the following methods and check the
l
Enter the dollar amount from line 10 . . . . . . . . . . . . . . . . l______
matching box on line 31:
m Subtract line k from line l. If zero or less, enter -0- . . . . . m______
y Tax Table. If your taxable income on line 19 is $100,000 or less,
n Add line i and line m. Enter the result here and on line 32. n______
use the tax table beginning on page 75. Use the correct filing status
column in the tax table.
Personal Income Tax Booklet 2016 Page 11
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