Originally Posted by
viper548
I'm on 4th year pay and am on pace to have about 12,000 in CA withholdings. My wife will have about 10,000. Last year we got about 6000 back on probably 18000 withheld. Effective rate of 4.8%. We are on alternative min tax and CA allows some of the deductions that federal does not
Holy Crap!
I know 4th year pay doesn't come close to AMT. your wife must be pulling down fat stacks!