Certain California families can expect to receive a mailed debit card this week worth $200 to $1,050.
The payments are part of the Golden State’s Middle Class Tax Refund. The state legislature and governor approved the refund for families that filed income tax returns and make less than $500,000 a year. Payments will vary depending on income and family size.
Single filers making less than $75,000 can expect $350, and joint filers making under $150,000 will receive $700. If they have a dependent, they will receive an additional $350. Around 82% of state beneficiaries are in this income tier.
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On the other end, single filers making $125,001 to $250,000 would receive $200, and joint filers making between $250,001 and $500,000 would receive $400. At least one dependent would provide an additional $200. About 6% of state recipients are in this tier.
Eligible residents must have filed income tax returns for 2020 before Oct. 15, 2021, were not claimed as a dependent for the 2020 tax year, and were a California resident for six months or more in 2020. Recipients must also be a current resident to receive the payment.
This is the third round of mailed debit cards, which began going out on Sunday. Around 90% of direct deposits were expected to be issued in October, and 95% of direct deposit and debit cards are expected by the end of the year, according to the California Franchise Tax Board.
More than 17.2 million California taxpayers and their dependents have benefited from the program, and the state has issued over 6.7 million direct deposit payments and 2.56 million debit cards worth more than $5 billion.
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Those with last names starting A-M began receiving their payments on Oct. 24 at the earliest and on Nov. 19 at the latest. People with last names starting with N-V can expect payments beginning Sunday to Dec. 3. The last round of payments for non-Golden State Stimulus recipients with last names M-Z will be Dec. 31.