A framework for the state budget for 2022–2023 was agreed upon by Governor Gavin Newsom and the state’s legislative leaders in June. This budget includes payments to assist citizens in coping with rising inflation and gas prices. Californians who qualify will receive a Middle-Class Tax Refund of up to $1,050, with the final waves of direct deposits and state-issued debit cards scheduled to be sent by the end of next month.
$1,050 Maximum Relief Payment
California residents who qualify may receive a relief payment of up to $1,050, depending on their income and the number of dependents they have.
A $200 payment will be made to single filers without dependents who earn between $125,000 and $250,000. The maximum refund of $1,050 is available to married filers with dependents who earn up to $150,000 annually, a source posted.
Additional requirements should be met, applicants must have filed their 2020 taxes by October 15, 2021, have lived in California for at least six months during the 2020 tax year, and have earned less than $250,000 for single filers or less than $500,000 for couples in that year to be eligible for this payment.
Any taxpayers who electronically filed their 2020 state tax returns and received their tax refunds will receive direct deposit payments. This offer is ineligible for any resident deemed qualified to be claimed as a dependent for tax purposes in 2020.
California Middle-Class Tax Refunds
Payments made via direct deposit were sent first and have already been received. Californians, however, had to wait longer because they were supposed to receive debit card payments through the mail. But the wait is almost over, the state will deliver the remaining debit cards in the coming weeks.
A one-time payment made to Californians as relief, the Middle-Class Tax Refund has benefited 25,787,689 state taxpayers and their dependents. Payment is automatically given to eligible recipients and is anticipated to be issued between October 2022 and January 2023, a source wrote.
To lessen the impact of inflation, state legislators chose to send tax refunds to low- and middle-income taxpayers. The government cautions recipients to use their relief funds with extra caution because scammers target them to steal their money.