Best Tax Lawyers Livermore, CA

Livermore, CA Tax FAQs

• Where does the Tax Court hold trial sessions closest to Livermore, California?

  The U.S. Tax Court trial location nearest to Livermore, California is Rooms 2-1408 of the Federal Building & U.S. Courthouse at 450 Golden Gate Avenue, San Francisco, CA 94102.

• Where is the low-income taxpayer clinic that is closest to Livermore, California?

  The low-income taxpayer clinic nearest to Livermore, California is the Justice and Diversity Center of the Bar Association of San Francisco, located at 201 Mission St, San Francisco, CA 94105.

• What are Livermore’s sales tax rates?

  The sales tax rate in Livermore as of 2023 is 10.25%, with 6.00% from the California state sales tax, 0.25% from the Alameda County sales tax, and 4.00% in special tax. The Pleasanton tax region, which Livermore is a part of, does not collect a city sales tax. While its tax rate is higher than 99% of the state’s localities, it is still 0.75% lower than the maximum sales tax allowed in California.

• Do Livermore residents pay income taxes?

  Apart from federal income taxes, residents of Livermore are also subject to California’s state income tax, with tax rates ranging from 1% to 12.3%, depending on one’s income. Non-residents receiving income from a source in California must also pay state income taxes. These sources may include rent collections, sales, or transfers of real estate in California.

• Can taxpayers in Livermore claim income tax deductions?

  Taxpayers in Livermore may claim California’s standard deductions on their state income tax returns, which is $5,202 for single filers and $10,404 for those with head of household status, married and filing jointly, and qualifying widows or widowers. They may also claim itemized deductions such as medical and dental expenses, work expenses, and mortgage interest on home purchases up to $1,000,000.

• What income tax credits are available to Livermore taxpayers?

  The California Earned Income Tax Credit, which ranges from $275 to $3,417, is available to taxpayers in Livermore who earn an income of $30,000 or less. Those whose income is less than $32,490 and have a qualifying child under the age of 6 may also be eligible for the Young Child Tax Credit.

• What happens to unfiled Livermore income tax returns?

  Those in Livermore who have failed to file their California individual income tax returns are automatically granted an extension until October 15th of that year. The penalty for tax owed in conjunction with late or unfiled individual tax returns is 5% for each month or part of a month unpaid, up to a maximum of 25%.