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W-4 Form 2024 California San Bernardino: What You Should Know

Flexibility Tax Credit: What is the AFDC? The Tax Filing Credit of up to 2,500 and the Income Threshold Credit of up to 1,000 are the options available for certain public and private tax filers who do not qualify for other tax credits. What are the AFDC provisions? If you make less than 10,000, and you are single, and you make up to 10,000 in qualified wages or qualifying interest, the following tax credits may benefit you: 300 per full-time employee (for wages up to 10,000) 150 per full-time employee (for wages up to 20,000) 100 per full-time employee (for wages up to 30,000) For more information contact: The California Department of Tax and Fee Administration,, TAFDCFSAdfea.ca.gov If you qualify for more than one of these tax credits for a year, you will receive the credit in February at the end of the calendar year. Expect the AFDC to be used as a way to save money by reducing your tax liability. However, if a taxpayer earns more than the income threshold of 50,000 for 2017, you may still be required to file the tax return under the alternative method of filing and filing it by electronic means. In this case, you would receive an additional refund as a result of the AFDC. In addition to being effective as a tax savings strategy, AFDC are not required to be filed before February 1st every year. For more information on AFDC procedures, please call DDEA Customer Service at . Tax Exempt and Dependent Care Tax Credits California's tax law allows tax filers who have children or dependents to exclude certain expenses from gross income.

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