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If you got paid for selling event tickets in 2024, then that income will have to be reported on your 2024 tax return next year, even if the sales took place in 2023.
There is an additional 1% tax (the California Mental Health Services Act tax) if your taxable income is more than $1,000,000, which results in a top income tax rate of 13.3% in California which is the highest statewide income tax rate in the United States. [42] The standard deduction is $4,601 for 2020. [43]
The department handles the vast majority of California's sales, use and excise tax assessment, auditing and collection. It also collects the 1.25% Bradley-Burns Uniform Local Sales and Use Tax and various 'district taxes'. Sales & use tax; Alcoholic Beverage Tax (contracted to administer on behalf of the Board of Equalization) California Tire Fee
Ticket resale is a form of arbitrage that arises when the number demanded at the sale price exceeds the number supplied (that is, when event organizers charge less than the equilibrium prices for the tickets). During the 19th century, the term scalper was applied to railroad ticket brokers who sold tickets for lower rates. [1]
eBay announced on Dec. 20 that the online marketplace will be required to collect Social Security numbers -- or Individual Tax Identification numbers -- from all sellers who sell product (over the...
County Legislator DaRon McGee said he had planned to pay for the free suite tickets from the Royals but that it “slipped my mind.” ... which based on last year’s prices would have cost $170 ...
The FTB collects personal state income taxes. The FTB collects income taxes from California residents on their income from all sources. [2] Meanwhile, non-residents are taxed on their California-based income. [2] In recent years, the FTB collects more than $50 billion each year in personal income taxes. [2] [3]
Ticket prices for the fight between Mike Tyson and Jake Paul have ... 2024 in Los Angeles, California. By contrast, three ringside tickets, the only ones available on Seat Geek Monday, were listed ...