California’s Middle-Class Tax Refund (or Stimulus Check) Is Coming Next Week: California’s Middle Class Tax Refund, a stimulus check plan designed to help middle-income people deal with the rising cost of food and fuel, will begin being sent out to residents across the state next week.
The rebate, which will be worth as much as $1,050, will be a one-time stimulus check provided to millions of people.
Stimulus Check: Issued In Phases
If you don’t receive your checks by the end of next week, don’t worry. The checks and payments are expected to be issued starting October 7. Those who previously received the state’s Golden State Stimulus payments will receive the payments first, with that first round of payments lasting until October 25.
All remaining payments will be issued later, starting on October 28 and ending on November 14.
The State of California Franchise Tax Board website says that the latest payments are expected to be sent by January 2023.
Stimulus Check: Are You Eligible?
Determining your eligibility is simple. California residents must have filed a 2020 tax return by October 15, 2021. Each recipients must not have been claimed as a dependent in the 2020 tax year and must have been a California resident for more than six months of the 2020 tax year.
Individuals must also be a California resident at the time the payment is issued.
Stimulus Check: How Much Are You Entitled To?
While some people may receive a total of $1,050, many taxpayers are likely to receive payments worth several hundred dollars.
Individual tax filers should expect to receive $200, $250, or $350 depending on their income, and will receive additional payments based on how many dependents they have.
Single filers earning less than $75,000, for instance, will receive $350 payments, while joint filers earning less than $150,000 in total will receive $700. Additional payments of $350 will be made for each dependent, to a total of $1,050.
Single filers who earn between $75,001 and $125,000 will receive payments worth $250, and additional payments worth the same for each dependent. Joint filers earning between $150,001 and $250,000 will receive payments of $500 and $250 per dependent.
Finally, those earning between $125,001 and $250,000 will receive payments worth $200, with the same per dependent, and joint filers earning between $250,001 and $500,000 will receive $400 and $200 per dependent.
A vast majority of eligible recipients are in the first tier, earning less than $75,000 individually or $150,000 as a married couple.
Jack Buckby is a British author, counter-extremism researcher, and journalist based in New York. Reporting on the U.K., Europe, and the U.S., he works to analyze and understand left-wing and right-wing radicalization, and reports on Western governments’ approaches to the pressing issues of today. His books and research papers explore these themes and propose pragmatic solutions to our increasingly polarized society.