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California vs Federal Tax Differences

KDA Inc. — Licensed CPAs & Enrolled Agents | Updated April 2026 | California-specific
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California Conformity to Federal Law

California generally conforms to the Internal Revenue Code as of a specific date — California's "conformity date." California does not automatically adopt federal law changes; the California legislature must affirmatively conform to each federal change. This means there is often a lag between federal law changes and California conformity, and some federal provisions are never adopted by California at all.

Key Differences for 2026

ItemFederalCalifornia
Bonus depreciation100% (OBBBA, permanent)Not allowed; use MACRS
No Tax on TipsAbove-the-line deduction (OBBBA, 2025-2028)Not conformed; tips taxable
No Tax on OvertimeAbove-the-line deduction (OBBBA, 2025-2028)Not conformed; overtime taxable
QBI deduction (Sec 199A)20% deduction (OBBBA, permanent)Not allowed
Standard deduction$15,000 single / $30,000 MFJ (2025)$5,540 single / $11,080 MFJ (2025)
SALT deduction$40,000 cap (OBBBA, 2025-2029)No cap on California return
Section 179 expensing$1,160,000 (2023)$25,000
Capital gains rates0%, 15%, 20%Ordinary income rates (up to 13.3%)

Depreciation Differences

The depreciation differences between federal and California are among the most significant for business owners. Federal law allows 100% bonus depreciation for qualified property placed in service after January 19, 2025 (OBBBA). California does not conform — California requires MACRS depreciation over the asset's recovery period. For a California business that purchases $500,000 of equipment, the federal deduction is $500,000 in year one; the California deduction is approximately $100,000 (5-year MACRS). This creates a $400,000 difference in taxable income between the federal and California returns.

Deduction Differences

California does not allow the federal QBI deduction (Section 199A) — a 20% deduction on qualified business income that can save federal taxpayers $10,000–$50,000 or more annually. California also does not conform to the OBBBA's No Tax on Tips and No Tax on Overtime provisions. California's standard deduction is significantly lower than the federal standard deduction, meaning more California taxpayers benefit from itemizing. California does allow the mortgage interest deduction and charitable contribution deduction, generally following federal rules.

Credit Differences

California offers several credits not available federally (CalEITC, Young Child Tax Credit, Renter's Credit) and does not allow some federal credits on the California return. The Child Tax Credit is different in California — California has its own Young Child Tax Credit for children under 6, but it is less generous than the federal Child Tax Credit for older children. California does not have an equivalent to the federal Earned Income Tax Credit for higher-income earners — California's CalEITC has lower income thresholds.

Planning for Conformity Differences

KDA's approach to California conformity differences: (1) Calculate depreciation separately for federal and California — never use the same depreciation schedule for both. (2) Track the California basis of assets separately from federal basis. (3) Do not claim the QBI deduction on the California return. (4) Do not claim the No Tax on Tips or No Tax on Overtime deduction on the California return. (5) Recalculate the California standard deduction vs. itemized deduction comparison separately from federal — the lower California standard deduction means itemizing is more beneficial for California purposes.

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Frequently Asked Questions

Common Questions About California vs Federal Tax Differences

Does California conform to the OBBBA's $40,000 SALT cap?
The SALT cap is a federal limitation on the deductibility of state and local taxes on the federal return. On the California return, there is no SALT cap — you can deduct all California income taxes paid on your California return (though this is less relevant since you are deducting California taxes on a California return).
Yes. California requires you to add back any federal bonus depreciation and then calculate California depreciation using MACRS. This creates a California Schedule CA adjustment that increases your California taxable income. KDA tracks these adjustments and the resulting California basis differences for every business client.
No. California does not have a QBI deduction equivalent. The federal QBI deduction (Section 199A) is not allowed on the California return. This is one of the most significant differences between federal and California tax for pass-through business owners.
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