The state of California has made the following tax law changes for tax year 2018:
- California EIC- The age limit for an eligible individual without a dependent is now 18 years old.
- New Employment Credit- This credit has been extended to tax years prior to January 1,2026
- California Competes Tax Credit- This credit has been extended to tax years prior to January 1,2030.
- Native American Earned Income Exemption-Federally recognized tribal members living in California Indian country who earn income from federally recognized Indian country are exempt from California taxation.
You can read more about the changes to California Tax Law here.