The 2025-26 Budget: Partial Income Tax Exclusion for Military Retirement Income [EconTax Blog]

Feb 13, 2025 - The exclusion would be available to individual taxpayers with less than $125,000 in adjusted gross income (AGI) or joint taxpayers with less than $250,000 in AGI. The exclusion would also apply to partial military survivor benefit income.
https://lao.ca.gov/LAOEconTax/article/Detail/820

The 2025-26 Budget: Partial Income Tax Exclusion for Military Retirement Income [EconTax Blog]

Feb 13, 2025 - The exclusion would be available to individual taxpayers with less than $125,000 in adjusted gross income (AGI) or joint taxpayers with less than $250,000 in AGI. The exclusion would also apply to partial military survivor benefit income.
https://lao.ca.gov/LAOEconTax/Article/Detail/820

FTB Spring 2015 Revenue Exhibit Data Posted [EconTax Blog]

May 14, 2015 - For this top quintile of taxpayers, real AGI per return grew by 37.6% between 1994 and 2013. AGI per return fell in real terms for every other quintile of taxpayers. Within the top quintile, the growth in real AGI per return has been heavily concentrated in the group consisting of the top 1% of taxpayers in any given year.
https://lao.ca.gov/LAOEconTax/Article/Detail/102

Volatility of California’s Personal Income Tax Structure

Sep 28, 2017 - As the state income tax return starts with federal AGI, it is often necessary to make some additions and subtractions to arrive at state AGI. On net, these adjustments resulted in state AGI being $31.5  billion lower than federal AGI in 2014.
https://lao.ca.gov/Publications/Report/3703

^[PDF] Volatility of California’s Personal Income Tax Structure

Determining Federal AGI. Calculating federal AGI begins with summing the types of income that are subject to the federal income tax. (A detailed account of the types of income that are in the PIT base can be found in our previous report.)
https://lao.ca.gov/reports/2017/3703/volatility-Cal-PIT-structure-092817.pdf

2007 Initiative Analysis:Medical Expense Tax Deduction

The result is what is called the taxpayer’s adjusted gross income (AGI). Taxpayers then are allowed either to claim a standard deduction or deduct certain itemized expenses from their AGI when computing their taxable income and tax liability.
https://lao.ca.gov/ballot/2007/070808.aspx

The 2021-22 May Revision: Golden State Stimulus 2

May 18, 2021 - Figure 2 Summary of Governor ’s Golden State Stimulus Proposal Payment Amount Total Number of Payments (in Millions) Estimated Cost (in Billions) Golden State Stimulus Round 1 (Enacted) Taxpayers with AGI below $30,000 $600
https://lao.ca.gov/Publications/Report/4435

^[PDF] Medical expense tax deduction

The result is what is called the taxpayer’s adjusted gross in- come (AGI). Taxpayers then are allowed either to claim a standard deduction or deduct certain itemized expenses from their AGI when computing their taxable income and tax liability.
https://lao.ca.gov/ballot/2007/070808.pdf

^[PDF] Taxpayer Use and Administration of the Revised 540 2EZ Tax Form

Background In California, an individual must fi le a PIT return if either their gross income or their adjusted gross income (AGI) is more than a specifi ed amount based on their fi ling status. For example, a single individual, under the age of 65 years, with no dependents and who cannot be claimed by another person, must fi le a PIT return if the fi ler’s gross income is at least $14,138, or AGI is at least $11,310.
https://lao.ca.gov/2009/stadm/540_2EZ.pdf

2007 Initiative Analysis: Dietary Supplement Initiative

Taxpayers are allowed either to claim a standard deduction or deduct certain itemized expenses from their adjusted gross income (AGI) when computing their taxable income and tax liability. One class of itemized deductions allowed is for the amount of qualified medical care expenses that are in excess of 7.5  percent of the taxpayer’s AGI.
https://lao.ca.gov/ballot/2007/070652.aspx