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Up To $1,050 Relief Payments To Arrive In California On January 14

Relief Payments
Relief Payments

Up to $1,050 in relief payments will arrive in California on January 14, 2023. These payments are on account of the state’s Middle Class Tax Refund program.

Relief Payments [Photo: USA Today]

Relief Payments [Photo: USA Today]

The California Franchise Tax Board announced that the residents of California can expect to be given relief payments worth $200 to $1,050 on or before January 14, 2023. The amount of relief payments to be distributed will base on the income that was filed by the taxpayer. To date, California has distributed more than 7 million direct deposits and more than 8.3 million debit cards. This amounts to a total of more than $8.3 billion which helped more than 29 million California residents and their dependents. This program is called the Middle Class Tax Refund and was approved by California’s legislators with a budget of $9.5 billion.

According to Notheis, in the early October of 2022, the program began distributing payments to the residents via direct deposit. Alternatively, debit cards were distributed a month later. For filers who have changed their banking information from direct deposits to debit cards, the last batch of payments was distributed beginning on December 17, 2022 and will continue until January 14 this year.

READ ALSO: South Carolina To Receive Up To $800 Tax Rebates In 3 Days

Who is qualified for these relief payments?

According to Notheis, to be qualified, the filer must have resided in California for at least six months in 2020 and still resides in the state when the payments were distributed. The filer must have also met the adjusted gross income threshold and filed 2020 tax returns by October 15, 2021. Lastly, the filer must not be claimed as a dependent last 2020. Individual filers must earn less than $75,000 to be given the full relief payment. If they earn up to $250,000, they will be given only a portion of the payment. Alternatively, joint filers and heads of households must earn less than $500,000 to receive a portion of the payment as well.

READ ALSO: Up To $1,700 Tax Rebates Issued Until 2023— See If Your State Is On The List!

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