“Net income” means the gross income, computed under Chapter 6 (commencing with Section 24271), less the deductions allowed under this article and Article 2 (commencing with Section 24401).
Cal. Rev. & Tax. Code § 24341
Deductions
Amended by Stats. 1984, Ch. 193, Sec. 127.
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.