20215 HOUR CALIFORNIA TAX LAW 2026/2027
|| VERIFIED QUESTIONS & ANSWERS || HIGH-
YIELD CALIFORNIA TAX LAW REVIEW || CTEC
COMPLIANCE, ETHICS & FEDERAL/STATE
UPDATES || COMPLETE STUDY GUIDE ||
EXAMREADY TEST BANK || GRADED A+
Jason Golden is a business executive and
resides in Washington with his family.
Several times each year, he travels to other
states for business purposes. His average
stay is one or two weeks, and the entire time
spent in California for any taxable year does
not exceed six weeks. Jason's family usually
remains in Washington while he is traveling
for business purposes. Which of the following
statements applies to Jason? - CORRECT
ANSWER - Jason is not a California resident
because his stays in California are temporary
or transitory in nature
Steve is a California resident who lives and
works as a computer consultant in Walnut
Creek, CA. He earned $75,000 while working
for XYZ LTD in 2020. Steve additionally had a
contract job from ABC Co. based in Arizona.
His contract earnings totaled $17,000 in
, 2020. What amount is Steve's total California
resident income in 2020? - CORRECT ANSWER
- $92,000
Karla bought a virtual assistant device online
for $200, including shipping, and had it sent
to her home. However, she was not charged
tax during the purchase. Karla reviews the
California City & County Sales & Use Tax
Rates and determines her local rate is 8.0%.
What amount of Use Tax does Karla owe on
her California state income tax return for this
purchase? - CORRECT ANSWER - 16
All of the following are true regarding the
2020 California Earned Income Tax Credit
(CalEITC) except: - CORRECT ANSWER - Self-
employment income cannot be used to
qualify for the CalEITC
Rosalinda Guzman applies for a College
Access Tax Credit (CATC) reservation on
October 31, 2020. Her proposed contribution
is $10,000. The California Educational
Facilities Authority (CEFA) grants a $5,000
credit reservation on November 7. Rosalinda
|| VERIFIED QUESTIONS & ANSWERS || HIGH-
YIELD CALIFORNIA TAX LAW REVIEW || CTEC
COMPLIANCE, ETHICS & FEDERAL/STATE
UPDATES || COMPLETE STUDY GUIDE ||
EXAMREADY TEST BANK || GRADED A+
Jason Golden is a business executive and
resides in Washington with his family.
Several times each year, he travels to other
states for business purposes. His average
stay is one or two weeks, and the entire time
spent in California for any taxable year does
not exceed six weeks. Jason's family usually
remains in Washington while he is traveling
for business purposes. Which of the following
statements applies to Jason? - CORRECT
ANSWER - Jason is not a California resident
because his stays in California are temporary
or transitory in nature
Steve is a California resident who lives and
works as a computer consultant in Walnut
Creek, CA. He earned $75,000 while working
for XYZ LTD in 2020. Steve additionally had a
contract job from ABC Co. based in Arizona.
His contract earnings totaled $17,000 in
, 2020. What amount is Steve's total California
resident income in 2020? - CORRECT ANSWER
- $92,000
Karla bought a virtual assistant device online
for $200, including shipping, and had it sent
to her home. However, she was not charged
tax during the purchase. Karla reviews the
California City & County Sales & Use Tax
Rates and determines her local rate is 8.0%.
What amount of Use Tax does Karla owe on
her California state income tax return for this
purchase? - CORRECT ANSWER - 16
All of the following are true regarding the
2020 California Earned Income Tax Credit
(CalEITC) except: - CORRECT ANSWER - Self-
employment income cannot be used to
qualify for the CalEITC
Rosalinda Guzman applies for a College
Access Tax Credit (CATC) reservation on
October 31, 2020. Her proposed contribution
is $10,000. The California Educational
Facilities Authority (CEFA) grants a $5,000
credit reservation on November 7. Rosalinda
