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I’m sure you’ve heard about the Middle Class Tax refund, which has also been called ‘Inflation Relief’, and are wondering if you qualify and if so how much will you will receive.

The State of California will be issuing tax refunds totaling about $9.5 billion to approximately 23 million Californians starting mid-October through mid-January 2023. The first round of direct deposits will be delivered this Friday, October 7, 2022.

The Middle Class Tax Refund payout will be as much as $1,050 per household, based on 2020 California “adjusted gross income” (CA AGI) on your tax return.

Qualifications:

  • Must have filed your 2020 tax return by October 15, 2021
  • Must have CA AGI that falls below certain parameters (shown below)
  • Have been a CA resident for at least 6 months in 2020
  • Was not eligible to be claimed as a dependent in 2020
  • Must be a CA resident on the date the payment is issued

Payment Amounts on Married Filing Joint Tax Returns:

  • CA AGI $150,000 or less: $1050 with dependent; $700 without dependent
  • CA AGI $150,001 to $250,000: $750 with dependent; $500 without dependent
  • CA AGI $250,001 to $500,000: $600 with dependent; $400 without dependent

Payment Amounts on Head of Household Tax Returns:

  • CA AGI $150,000 or less: $700 with dependent; $350 without dependent
  • CA AGI $150,001 to $250,000: $500 with dependent; $250 without dependent
  • CA AGI $250,001 to $500,000: $400 with dependent; $200 without dependent

Payment Amounts on Single and Married Filing Separate Tax Returns:

  • CA AGI $75,000 or less: $700 with dependent; $350 without dependent
  • CA AGI $75,001 to $125,000: $500 with dependent; $250 without dependent
  • CA AGI $125,001 to $250,000: $400 with dependent; $200 without dependent

How Payments Will Be Received

  • If you filed electrically and used the direct deposit option on your return (assuming you had a refund), your payment will be received by direct deposit.
  • Otherwise you’ll be paid via debit card.

Biography

Nita Stuckwish
The Tax Lady of Oz
760-298-1040 (V) or 858-213-4916 (text)

TheTaxLady92082@gmail.com

I am an Enrolled Agent (EA) who prepare Individual Tax return including Small Business (Schedule C), Rental Property (Schedule E), Retirement Income, Social Security Income, Investments (Stocks, Cryptocurrency), and Selling of Personal residence. I have a secure site for your document submission. Your tax return can be done completely remotely with you never having to come into the office.