California Tax Rebate Income Cap

[Sagedaddy]

California has annual gross income caps for rebate eligibility. It's not clear, however, if this refers to the adjusted gross income on our tax returns or some other number. Also, what tax year do we look at? Last year's? What if we don't know our final gross income for the current year? Any insights would be appreciated.

 

[Need]

It is your last Fed Tax income at the time you file your rebate. If you do it now, it will be your 2017 Fed Tax Return Form.

• On IRS Form 1040: Sum of lines 7–21 (in some circumstances the Sum of Lines 7–21 may not equal Line 22 in determining Gross Income)
  Note: Net operating losses carried over from previous years are not included in this calculation. If line 21 is negative, the corresponding "Statement" filed with your 1040 must be provided.
• On IRS Form 1040A: Sum of lines 7–14
• On IRS Form 1040EZ: Line 4

 

[Sagedaddy]

Thanks, that was clear. I assume you are an accountant or have been through the process?

 

[Need]

Thanks, that was clear. I assume you are an accountant or have been through the process?

NP. I have filed 2 of those this year for our cars and not an accountant. Those requirements were direct copy/paste from
Income Eligibility