California

CALIFORNIA

https://www.ftb.ca.gov/file/personal/deductions/index.html

Itemized deductions

Itemized deductions are expenses that you can claim on your tax return. They can decrease your taxable income.

We do not conform to all federal itemized deductions.

You should itemize your deductions if:

  • Your total itemized deductions are more than your standard deduction
  • You do not qualify to claim the standard deduction

Common itemized deductions

Your deductions cannot be more than 50% of your California (CA) adjusted gross income (AGI).
Deduction CA allowable amount Federal allowable amount
Medical and dental expenses Expenses that exceed 7.5% of your federal AGI Expenses that exceed 7.5% of your federal AGI
Home mortgage interest On home purchases up to $1,000,000 On home purchases up to $750,000
Real estate tax deduction May be limited if it exceeds 50% of your AGI. $10,000
Vehicle/Vessel license fee May be limited if it exceeds 50% of your AGI. $10,000
Unreimbursed employee business expenses Limited to 2% of your AGI None
Gambling losses Cannot exceed your winnings. Cannot exceed your winnings.
Disaster loss Losses that exceed $100 and 10% of your Federal AGI Losses that exceed $100 and 10% of your Federal AGI
Alimony As of December 31, 2018, the IRS no longer allows this deduction TBD