In both of these tiers, parents would receive an additional $250 or $200, respectively, if they have at least one dependent. The amount would decrease to $250 per taxpayer for households making up to $125,000 for individuals or $250,000 for joint filers, and to $200 per taxpayer for households making up to $250,000 for individuals or $500,000 for joint filers. A single parent would therefore receive $700 and two-parent families would receive $1,050. Under the tax rebate plan, Californians earning up to $75,000 for individuals or $150,000 for joint filers would receive $350 per taxpayer, plus an additional $350 if they have at least one dependent. The Middle Class Tax Refund will benefit around 23 million California taxpayers, with the amount that each taxpayer gets determined by income and whether they have a dependent. Who was eligible for the Middle Class Tax Refund? Non-GSS recipients (last name beginning with M – Z)ĭirect deposit recipients who have changed theirīanking information since filing their 2020 tax return Non-GSS recipients (last name beginning with A – L) GSS I or II check recipients (last name beginning with W – Z) GSS I or II check recipients (last name beginning with N – V) GSS I or II check recipients (last name beginning with F – M) GSS I or II check recipients (last name beginning with A – E) Here’s the full payment schedule for debit card payments. Around 95% of payments to the roughly 23 million eligible Californians have now been made. In general, Californians who e-filed their 2020 tax return and get their tax refund via direct deposit would see the California inflation relief payment put straight into their bank account. Residents who filed a paper 2020 tax return will be sent a debit card along with others. The California tax authority advises that “direct deposits typically occur within 3-5 business days from the issue date but may vary by financial institution.” The CFTB planned to issue payments to non-GSS recipients from 28 October through 14 November 2022. Those that received a Golden State Stimulus payment (GSS I or II) were supposed to see their payment issued between 7 October and 25 October 2022. This means that the final payments as part of the California Middle Class Tax Refund should arrive via mailed debit card by the end of January 2023.įull payment schedule for inflation debit cards They advise that it could take up to two weeks from the date of sending for it to arrive with the recipient. The last of the debit cards will be sent out no later than Saturday, 14 January, the CFTB has confirmed. Debit cards are sent to those for whom the CFTB does not have a bank account on file.īy the end of 2022 more than $8.3 billion had been distributed as part of the program, and the CFTB is preparing to send out the remainder of the total $9.5 billion this month. While most of those receiving the support should have seen the money deposited in their bank account by 14 November, the mailing of debit cards follows a separate schedule. The inflation relief support, which range from $200 to $1,050, has been sent as either direct deposit or debit card. The California Franchise Tax Board (CFTB) has sent payments for the Middle Class Tax Refund to over 17 million Californians.
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