residents who filed their 2020 taxes are eligible to receive a one-time payment of up to $1,050 as part of the state's inflation relief package. As many as 23 million will receive some payout.
The payments will be distributed starting in October. The last batch is expected to go out by the middle of January 2023.The California Franchise Tax Board said residents who filed their 2020 tax return after October 15, 2021, do not qualify for the ''middle-class tax refund." , the only exception is for people who applied for an individual taxpayer identification, didn’t receive it by October 15 and filed their 2020 tax return by February 15, 2022.
Eligible residents who filed their 2020 tax return online and opted to receive a direct deposit payment will have the refund issued in that form. Everyone else will get the payment on an issued debit card.The exact figure Californians will pocket depends on several factors including adjusted gross income , filing status, and dependents.
So single people who make less than $75,000 per year will receive $350 and joint filers who make less than $150,000 per year would get $700 plus an extra $350 for a dependent. AGI $150,001 to $250,000:$600 with dependent or $400 without.AGI of $150,001 to $250,000:$400 with dependent or $200 without.AGI of $75,001 to $125,000:$400 with dependent or $200 without.for Californians' to estimate their refund amount or whether they qualify.
Pay a fortune in gas tax, fees and sales tax and Sacramento offers peanuts…Make change in November and vote them out.
Yes we qualify for this one
If a individual has an AGI of $100,000.00 or more a year why do they need it. I’m sure there are a lot of people that make a lot less and can really use the money. They make it sound like everyone is eligible for the $1,050.00.
One error on your report 'Head of Household ... $700 with dependent or $350 without' You can't be Head of Household without a dependent. 🤦♂️
I knew us a catch.. we’ll never see those money!! They’ll go to the general Newsom fund expenses cuz nobody will qualify!!
This is beyond stupid
🤡🤡🤡🤡🤡🤡
So, we are going to combat inflation by causing more inflation...what on earth could go wrong.
🙄
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