Stimulus update: Payments worth $1,050 loaded on debit cards heading to California residents

Virus Outbreak-Economy-No More Stimulus
FILE – In this April 23, 2020, file photo, President Donald Trump’s name is seen on a stimulus check issued by the IRS to help combat the adverse economic effects of the COVID-19 outbreak, in San Antonio. All that aid is now gone. Yet prospects for more federal stimulus this year appear all but dead, clouding the future for the unemployed, for small businesses and for the economy as a whole.(AP Photo/Eric Gay, File) (Eric Gay/AP)

Stimulus update: Payments worth $1,050 loaded on debit cards heading to California residents

Video Embed

California residents still waiting to receive up to $1,050 to help offset the costs of rising inflation rates can expect the next wave of payments to arrive by the end of December.

Officials are set to begin distributing more of the state’s Middle Class Tax Refund payments throughout December, sending roughly $9.5 billion to California residents through direct payments, according to ABC 10 News.

RICHLAND WOMAN FRAUDULENTLY OBTAINED $337,267 IN COVID RELIEF

Payments can either be delivered through direct deposit or can be sent as a prepaid debit card, which may take a few weeks to be delivered.

The state began sending out the payments in October, but some residents have still not received their checks or debit cards. However, officials announced that residents with last names beginning with letters “N” through “V” should expect to receive their payments by Dec. 31.

Any outstanding payments should arrive by the end of January.

CLICK HERE TO READ MORE FROM THE WASHINGTON EXAMINER

To be eligible for the payments, residents must have filed their 2020 tax returns by the deadline of Oct. 15, 2021, and cannot be listed as a dependent. Payment amounts will vary depending on marital status and annual income.

Married couples filing jointly could be paid anywhere from $400 to $1,050, while heads of household could receive anywhere from $200 to $700, depending on income and number of dependents.

© 2022 Washington Examiner

Related articles

Share article

Latest articles