The payment, titled the Middle Class Tax Refund, will be sent out to eligible Californians, with the final waves of direct deposits and state-issued debit cards set to be sent by the end of next month. The specific amount that residents receive from this payment will depend on various factors, including the income of recipients and how many dependents the recipients have.
Single filers making between $125,000 and $250,000 with no dependents will receive a payment of $200, a lower payment compared to what other filers may get. Married filers who make $150,000 or less and have dependents, on the other hand, will receive the highest payment available from this refund at $1,050.
Any resident who was deemed eligible to be claimed as a dependent for taxes in 2020 is not eligible for this offer.
To qualify for this payment, applicants must have been residents of California for at least six months during the 2020 tax year, have filed their 2020 taxes by Oct. 15, 2021, and have earned less than $250,000 a year for single filers or less than $500,000 a year for couples in that year.
Direct deposit payments will be made to any taxpayers who filed their 2020 state tax returns online and received their tax refunds by direct deposit. For everyone else who qualifies for this payment, Middle Class Tax Refund debit card payments will be given to them via the mail, according to California’s Franchise Tax Board.
The specific time frame in which California residents receive this payment will vary, and some people have already received their payments as of mid-October. Middle Class Tax Refund direct deposit recipients who have changed their banking information since they filed their 2020 tax return will have a debit card mailed to them between Dec. 17 and Jan. 14 of next year, with everyone else who is still waiting for a refund getting a debit card mailed to them by Jan.14.
Additional information can be found by visiting California’s Franchise Tax Board’s website or by calling 800-542-9332.