[paranoid]

[quote]It generally doesnt matter if a 1st mortgage is recourse or not in CA because we are a 1 action state. if they foreclose they cant seek recourse. the 2nd is another matter[/quote]

I don’t understand what you are saying. Can you elaborate?

[paranoid]

Gary, thanks for the link.
I think the credit is related to the total net tax you owe to colifornia for the year, regardless how much withholding is being taken month by month. For example, for a regular emplyee, a portion of your salary is withheld for each pay-check. if your net tax is $6k for the year, and your accumulated total withholding is $7k, you are still going to get the $3,333 credit for the year, so that your total refund (by april next year) will be (7k-6k) + 3.333k = $4.333k.

Is this correct?

[paranoid]

Gary, thanks for the link.
I think the credit is related to the total net tax you owe to colifornia for the year, regardless how much withholding is being taken month by month. For example, for a regular emplyee, a portion of your salary is withheld for each pay-check. if your net tax is $6k for the year, and your accumulated total withholding is $7k, you are still going to get the $3,333 credit for the year, so that your total refund (by april next year) will be (7k-6k) + 3.333k = $4.333k.

Is this correct?

[paranoid]

Gary, thanks for the link.
I think the credit is related to the total net tax you owe to colifornia for the year, regardless how much withholding is being taken month by month. For example, for a regular emplyee, a portion of your salary is withheld for each pay-check. if your net tax is $6k for the year, and your accumulated total withholding is $7k, you are still going to get the $3,333 credit for the year, so that your total refund (by april next year) will be (7k-6k) + 3.333k = $4.333k.

Is this correct?

[paranoid]

Gary, thanks for the link.
I think the credit is related to the total net tax you owe to colifornia for the year, regardless how much withholding is being taken month by month. For example, for a regular emplyee, a portion of your salary is withheld for each pay-check. if your net tax is $6k for the year, and your accumulated total withholding is $7k, you are still going to get the $3,333 credit for the year, so that your total refund (by april next year) will be (7k-6k) + 3.333k = $4.333k.

Is this correct?

[paranoid]

Gary, thanks for the link.
I think the credit is related to the total net tax you owe to colifornia for the year, regardless how much withholding is being taken month by month. For example, for a regular emplyee, a portion of your salary is withheld for each pay-check. if your net tax is $6k for the year, and your accumulated total withholding is $7k, you are still going to get the $3,333 credit for the year, so that your total refund (by april next year) will be (7k-6k) + 3.333k = $4.333k.

Is this correct?

[paranoid]

” I like the Feds they just hand the $8000 back to you, California makes it sound good, but it is ONLY a credit, if you don’t owe the state above $3300 you only get a credit for what you owe. Meaning my understanding if I owe $300 I do NOT get a rebate of $3000. I only get a credit towards the $300. ”

Is this true that we must reduce our withholding in order to owe the government more than $10000/3, so that we can get the credit? That would be really unfair for people who withholding less such that they effectively lend the government some money for free, and now they don’t get the credit because of their well-doing?

[paranoid]

” I like the Feds they just hand the $8000 back to you, California makes it sound good, but it is ONLY a credit, if you don’t owe the state above $3300 you only get a credit for what you owe. Meaning my understanding if I owe $300 I do NOT get a rebate of $3000. I only get a credit towards the $300. ”

Is this true that we must reduce our withholding in order to owe the government more than $10000/3, so that we can get the credit? That would be really unfair for people who withholding less such that they effectively lend the government some money for free, and now they don’t get the credit because of their well-doing?

[paranoid]

” I like the Feds they just hand the $8000 back to you, California makes it sound good, but it is ONLY a credit, if you don’t owe the state above $3300 you only get a credit for what you owe. Meaning my understanding if I owe $300 I do NOT get a rebate of $3000. I only get a credit towards the $300. ”

Is this true that we must reduce our withholding in order to owe the government more than $10000/3, so that we can get the credit? That would be really unfair for people who withholding less such that they effectively lend the government some money for free, and now they don’t get the credit because of their well-doing?

[paranoid]

” I like the Feds they just hand the $8000 back to you, California makes it sound good, but it is ONLY a credit, if you don’t owe the state above $3300 you only get a credit for what you owe. Meaning my understanding if I owe $300 I do NOT get a rebate of $3000. I only get a credit towards the $300. ”

Is this true that we must reduce our withholding in order to owe the government more than $10000/3, so that we can get the credit? That would be really unfair for people who withholding less such that they effectively lend the government some money for free, and now they don’t get the credit because of their well-doing?

[paranoid]

” I like the Feds they just hand the $8000 back to you, California makes it sound good, but it is ONLY a credit, if you don’t owe the state above $3300 you only get a credit for what you owe. Meaning my understanding if I owe $300 I do NOT get a rebate of $3000. I only get a credit towards the $300. ”

Is this true that we must reduce our withholding in order to owe the government more than $10000/3, so that we can get the credit? That would be really unfair for people who withholding less such that they effectively lend the government some money for free, and now they don’t get the credit because of their well-doing?

[paranoid]

what school district does stonebridge belong to? last year this issue was not clearly settled down between PUSD and SDUSD.

Which primary/middle/high school? it seems there is no school inside the community. If the school is not good enough, the houses there will have a lot of problems to keep values.

[paranoid]

what school district does stonebridge belong to? last year this issue was not clearly settled down between PUSD and SDUSD.

Which primary/middle/high school? it seems there is no school inside the community. If the school is not good enough, the houses there will have a lot of problems to keep values.

[paranoid]

what school district does stonebridge belong to? last year this issue was not clearly settled down between PUSD and SDUSD.

Which primary/middle/high school? it seems there is no school inside the community. If the school is not good enough, the houses there will have a lot of problems to keep values.

[paranoid]

what school district does stonebridge belong to? last year this issue was not clearly settled down between PUSD and SDUSD.

Which primary/middle/high school? it seems there is no school inside the community. If the school is not good enough, the houses there will have a lot of problems to keep values.

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