Final Wave of Relief: California’s Middle Class Tax Refund Program Distributes Remaining Payments

The final wave of payments from California’s Middle Class Tax Refund program is set to begin on Monday. The payments, which can be worth up to $1,050, have been gradually issued to eligible California residents since October of 2022, as reported by the Washington Examiner on January 30, 2023.

The full payment of $1,050 is available for married or joint filers with an adjusted gross income of $150,000 or less in the 2020 tax year. Single filers with an adjusted gross income between $125,001 and $250,000 and no dependents are eligible for a minimum refund of $200. Those with an adjusted gross income over $500,000 are not eligible for this refund.

This final wave of payments will be made in the form of a debit card and will be for recipients who have changed their address since filing their 2020 tax return. The California Franchise Tax Board recommends recipients allow up to two weeks to receive their debit card in the mail. As of January 13, a total of 31,650,087 California taxpayers and their dependents have benefited from this refund, with over $9 billion being issued to recipients from these payments.

The Middle Class Tax Refund Program Is a California government initiative to provide financial relief to its citizens during the COVID-19 pandemic. The state government has been actively supporting its residents through various programs. More information on the program can be found on the California Franchise Tax Board’s website or by calling their toll-free number, 800-542-9332.