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for questions that relate to the laws, practices, and products for the state of California. California is a state within the 50 state union of the United States.

3 votes

What does "Carry the decimal to four places" on line 47 "Deduction percentage" mean in 2016 ...

Carry here means that you continue doing the division until four places after the decimal point. That is to say .93342 012345 The 4 is at the fourth place, so you go out to .9334. This is less t …
Brythan's user avatar
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3 votes
Accepted

In California, how should I report the $1500 income from the BAR CAP vehicle retirement prog...

I am not a tax lawyer, but why wouldn't this just be a car sale? She has a car. She sold the car to an automobile dismantler (term used in the Vehicle Retirement FAQ). She was paid money. She shou …
Brythan's user avatar
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240 votes
Accepted

Should I take out a loan to pay off a relative's credit card debt?

This is a very generous impulse on your part. I'm going to criticize it, but please understand that I believe your intentions are great. What can go wrong You pay off her $40,000 debt. She is no …
Brythan's user avatar
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