inflation relief payment: Here’s how California’s first ‘inflation relief’ payments work
How soon will the initial payments be made?
The first tax refund recipients will be citizens who got a Golden State Stimulus to check through direct deposit in 2021.
The first payment round is expected to occur from October 7 to 25. And the second round may take place from October 28 to November 14.
Whoever filled out their taxes online will get the refund online; on the other hand, the citizens who filed taxes on paper will get a debit card through their mail.
According to the Franchise Tax Board, a breakdown of the anticipated payments
| Gross Income | Payment With Dependent | Payment Without Dependent | ||||
| Joint Filler | Head of Household Filers | Other Individuals | Joint Filler | Head of Household Filers | Other Individuals | |
| $150,000 or less | $1,050 | $700 | $700 | $700 | $350 | $350 |
| $150,000 to $250,000 | $750 | $500 | $500 | $500 | $250 | $250 |
| $250,000 to $500,000 | $600 | $400 | $400 | $500 | $200 | $200 |
FAQs
Why are Californians getting this refund?
Californians are getting this refund due to the high price rise in fuel and gas.
What is a Tax Refund?
It is a state or federal payment made to taxpayers who paid more taxes than necessary.
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