§ 17076. — 17076. (Amended by Stats. 2025, Ch. 231, Sec. 11.)

California § 17076.

• Jurisdiction: California
• Code RTC: Revenue and Taxation Code - RTC
• Div. 2.: DIVISION 2. OTHER TAXES
• Part 10.: PART 10. PERSONAL INCOME TAX
• Ch. 3.: CHAPTER 3. Computation of Taxable Income
• Art. 1.: ARTICLE 1. Definition of Gross Income, Adjusted Gross Income, Taxable Income, etc.

Text

(a)
Section 67 of the Internal Revenue Code, relating to the 2-percent floor on miscellaneous itemized deductions, shall apply, except as otherwise provided.
(b)
A deduction allowable under this part that exceeds three thousand dollars ($3,000) and is described in Section 17049, relating to computation of tax where the taxpayer restores a substantial amount held under claim of right, may not be treated as a miscellaneous itemized deduction under Section 67 of the Internal Revenue Code, as applicable for purposes of this part.
(c)
Section 67(g) of the Internal Revenue Code, relating to suspension
for taxable years 2018 to 2025, shall not apply.

Legislative History

Amended by Stats. 2025, Ch. 231, Sec. 11. (SB 711) Effective October 1, 2025.