BUSINESS

It's tax time: California says file early

SACRAMENTO -- It’s that time of year.

California's Franchise Tax Board, which handled 16 million state income tax returns last year, is urging people who got early W-2 forms from their employers to file now for a quick refund.

“The good news is they can log on to our website and file their taxes today,” said spokeswoman Denise Azimi.

The biggest change for 2013 personal returns is a jump in the standard deduction for singles from $3,841 to $3,906. For joint filers it rose from $7,682 to $7,812.

At the same time, the exemption credit for dependents is increasing to $326 from $321.

More information and do-it-yourself, electronic filing services are available on the Internet at ftb.ca.gov at the CalFile tab.

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