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Form 8853 for Vacaville California: What You Should Know

Oct 21, 2023 — City Council. City of Vacaville, California. City Ordinance. Vacaville, California. City. Ordinance. October 15, 2010. Vacaville City Council. City of Vacaville, California. City. Ordinance. Vacaville, California. City. Ordinance. Vacaville, CA. City. Ordinance (PDF) VACAVILLE CITY CODE ARTICLE XI — TAXATION OF TAXABLE INCOME VACAVILLE CITY CODE ARTICLE XI — TAXABLE INCOME § 2152. Taxable Income. Except to the extent prohibited by the Constitution or laws of this state, all taxable income under this chapter shall be deemed derived directly or indirectly from taxable activity. (Added by ORD. 71-0026, File No. 000358, App. 5/30/2000; amended by ORD. 3-069, App. 1/20/2006) (Former Sec. 2152 added by ORD. 71-0026.) § 2153. Exceptions to Taxable Income. “Qualified taxable income” means taxable income, other than self-employment income, which is attributable to: (a) Compensation for services; (b) Dividends; (c) Rent; (d) Depreciation; (e) Gain or Lesson divestiture of property; (f) Gain on the sale of a taxable interest in any partnership, including a stock dividend; (g) Income from stock investment; (h) Loss on the sale of assets sold for less than fair market value, and from casualty or theft; (i) Loss from personal injury, from crime or from any other loss; (j) Loss on the loan, or to whom paid, of personal property, whether such loss is realized; (k) Gain or loss which does not exceed a reasonable rate of return; and (l) Any other source or amount which is attributable to all or part of any taxable income as above.

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