2024 California Tax Brackets For Trusts 2024. It is often advantageous to name trusts as beneficiaries of your retirement account, but trusts should be updated to maximize the tax deferral and control of your retirement. California’s state income tax also applies to trust income, with rates as high as.
In all, there are nine official income tax brackets in california, with rates ranging from as low as 1% up to 12.3%. The tax tables below include the tax.