UPDATE: Here’s when the first batch of California inflation relief checks will go out.
It’s official: Most Californians who filed their taxes in 2020 will get one-time payments totaling about $9.5 billion from the state starting in October to help offset rising inflation.
The Franchise Tax Board has set up a web page with some of the details and a calculator where people can estimate their payment.
The bill called these payments Better for Families Refunds, but the tax board is calling them Middle Class Tax Refunds, even though couples making up to $500,000 in 2020 adjusted gross income and individuals making up to $250,000 are eligible.
The name is appropriate because “almost all of it will go to people in the middle class, just by sheer numbers,” said the bill’s co-author, Assembly Member Phil Ting, D-San Francisco.
Here are some questions and answers about the refunds and how they compare to the Golden State Stimulus payments the state authorized last year.
- Gavin Newsom signs $300B California budget with tax rebates, record school funding
- State budget deal: Most Californians will get stimulus payments
Who is eligible?
To get a refund, you must have filed a 2020 California tax return by Oct. 15, 2021 (or by Feb. 15, 2022, if you applied for an Individual Taxpayer Identification Number and had not received it by Oct. 15, 2021).
Also, you must:
• Meet the income requirements.
• Have been a California resident for at least six months in 2020.
• Be a California resident on the date the payment is issued.
• Have not been eligible to be claimed as a dependent on someone else’s 2020 tax return.
How much is the refund?
The refund amount will be based on the adjusted gross income reported on your 2020 California tax return. It can be found on line 17 of your 2020 Form 540 or Line 16 of Form 540 2EZ.
The refund will be one amount if you had no dependents with an extra, flat payment if you claimed a tax credit for one or more dependents. (The extra payment is not per dependent.)
For single filers, the refund will be:
• Income of $75,000 or less: $700 with a dependent/$350 without
• Income of $75,001 to $125,000: $500 with a dependent/$250 without
• Income of $125,001 to $250,000: $400 with a dependent/$200 without
For married couples filing jointly, the refund will be:
• Income of $150,000 or less: $1,050 with a dependent/$700 without
• Income of $150,001 to $250,000: $750 with a dependent/$500 without
• Income of $250,001 to $500,000: $600 with a dependent/$400 without
For those filing as head of household or surviving spouse, the income brackets are the same as for married couples, but the refunds will be: $700/$350 for the lowest bracket, $500/$250 for the middle bracket and $400/$200 for the highest bracket.
When will payments go out?
The Franchise Tax Board expects to begin sending them out between the end of October and middle of January.
How will I receive my payment?
If the FTB has your banking information, usually because you had a regular tax refund deposited into a bank account, you will get a direct deposit into that account. If the FTB doesn’t have your banking information, you will receive a debit card.
Will undocumented immigrants qualify for a payment if they filed a 2020 tax return and meet other requirements?
“Our understanding is that they would,” H.D. Palmer, a spokesperson for the California Department of Finance, said via email.
Are the tax refunds taxable?
The bill does exempt the payments from state income tax. However, “it is up to the IRS ... to determine whether the tax refunds are taxable” on federal returns, Palmer said.
The purpose of the payments is to provide “financial relief for Californians who may have been adversely impacted” by the “increased costs for goods, including gas, due to inflation, supply chain disruptions, the effects of the COVID-19 emergency, and other economic pressures.”
In the past, the IRS has issued several revenue rulings stating that “payments made under legislatively provided social benefit programs for the promotion of the general welfare are not includable in gross income,” Mark Luscombe, a principal analyst with Wolters Kluwer Tax & Accounting, said via email.
Based on statements in the California bill — that the payments are not refunds of state income taxes and their intended purpose — and the fact that the refund goes down as income goes up, “the legislation has probably been sufficiently crafted to meet the IRS requirements to be nontaxable for federal tax purposes,” Luscombe said via email.
Can dependent children who work part time and file a tax return get one?
No, not if the child was a tax dependent.
Can I get a payment if I did not file a tax return?
No, and that means many low-income people won’t get them.
Many Californians are not required to file tax returns, usually because their income is below the threshold required for filing. However, many of these people file a tax return anyway, usually to recoup taxes withheld from their paycheck or to claim refundable tax credits, such as the earned income tax credit. If you qualify for a refundable tax credit that is larger than the tax you owe, the government will send you a check for the difference if you file a tax return.
Palmer noted that in 2020, “there were an additional 500,000 low-income tax returns filed in California, presumably to qualify for a Golden State Stimulus payment or perhaps even a federal relief payment.”
Sara Kimberlin, a senior policy analyst with the California Budget & Policy Center, said the refunds are part of a larger budget package that contains things “designed to provide support to people who didn’t have to file taxes.”
For example, it will increase monthly grants to low-income families with children enrolled in CalWORKS by 21% for the next two years. It will increase State Supplementary Payments for low-income seniors and people with disabilities by $39 per month for single adults and about $100 per month for couples starting January 2023. And families will no longer need to have earned income to qualify for the state’s Young Child Tax Credit, which is worth $1,000 for a low-income family with a child younger than 6, Kimberlin said.
How do these new tax refunds compare with the Golden State Stimulus payments?
Both required people to file a 2020 tax return, but “the target populations are very different,” Palmer said.
Last year’s payments went to people who had $75,000 or less in adjusted gross income, including those who filed their tax return with an Individual Taxpayer Identification Number. Some undocumented immigrants file with an ITIN and did not qualify for the federal stimulus payments.
The new program “is geared for all but very high-income Americans,” Palmer said.
He noted that through early May, about 11.5 million 2020 tax returns had received Golden State stimulus payments totaling $8.9 billion.
The new payments are expected to go to 17.5 million tax filers and total $9.5 billion.
Also, last year’s payments went by direct deposit or check; this year’s will go by direct deposit or debit cards via a third-party vendor who can send them “in about the same time frame” as direct deposits.
Kathleen Pender is a freelance writer and former columnist for The San Francisco Chronicle. Twitter: @KathPender
Top of the News
- This beach home is more cottage than mansion, but still sold for millions
Take our quiz to see if you can price this quaint Capitola cottage with a modern update just steps away from the beach.
By Annie Vainshtein(Video) 21 STATES STIMULUS CHECK UPDATE TODAY : UP TO $3200 DIRECT PAYMENTS APPROVED !
Large number of trails opening in Santa Cruz Mountains
By Kurtis Alexander
East Bay organization led by Black Millennials fights food insecurity
By Shwanika Narayan
Should you mask for Thanksgiving? How experts are handling the holidays
By Kellie Hwang
Opinion: As an ER doctor, COVID taught me that I don’t matter. So I quit
By Molly PhelpsSee Also2022's States with the Best & Worst School Systems21 Websites Every Beauty Lover Should Have BookmarkedCheckout and Payment with PayPal7 Best Free Appointment Scheduling Software for 2022(Video) Inflation Nation: Bloomberg Surveillance 09/14/2022
According to the FTB, direct deposit payments typically show up in your bank account within three to five business days from the issue date. However, that estimate may vary on a bank-by-bank basis. The FTB expected to issue approximately 90% of all direct deposit stimulus payments by the end of October 2022.Who will receive California inflation relief checks? ›
Who is eligible for inflation relief payments? Recipients must have filed their 2020 tax return by Oct. 15, 2021, have met certain income limits (see below), were not claimed as a dependent in the 2020 tax year and were a California resident for six months or more of the 2020 tax year.Who qualifies for the California stimulus check 2022? ›
Income limits to qualify for the minimum payout are as follows: $200: Individuals who earn up to $250,000 per year. $400: Couples who file jointly and earn less than $500,000 per year. $200: Additional payout for the above families who have at least one dependent.Will there be any stimulus checks in 2022 California? ›
(KRON) — Inflation relief payments are coming to some Californians, but they will not hit bank accounts until October 2022 at the earliest. The payments are officially called the Middle Class Tax Refund. For Californians that qualify, payments will be received automatically between October 2022 and January 2023.Will Social Security recipients get California inflation relief checks? ›
An individual who relies exclusively on social security or disability as their income, and therefore had a CA AGI or $0 in 2020, will receive $350 if they do not claim a dependent, or $700 if they have at least one dependent, according to the Franchise Tax Bureau. Couples filing jointly will receive even more.How do I track my California stimulus check? ›
As the state continues to send out the direct payments, is there a way to track the progress of your check? The short answer is no, the Franchise Tax Board says.When am I getting my inflation relief check? ›
California inflation relief direct deposits
The first round of direct deposits was completed on Oct. 25. The second round of direct deposits began Oct. 28. Qualifying taxpayers can expect to see their deposits in their accounts by Nov. 22, LePage said.
The payments are gradually phased out for those with up to $500,000 in income, for married couples, and $250,000, for individuals. California residents with incomes above those thresholds will not receive a stimulus payment.Are we getting a stimulus check for gas in 2022? ›
They expect 90% direct deposits to be issued in October 2022. Debit cards are slated to be sent out between Oct. 25 and mid-January — though some Californians got them early by accident.How do I track my 2022 stimulus check? ›
To find the amounts of your Economic Impact Payments, check: Your Online Account: Securely access your individual IRS account online to view the total of your first, second and third Economic Impact Payment amounts under the “Economic Impact Payment Information” section on the Tax Records page.
Homeowners with a 2019 household income of $150,000 or less will receive $1,500, while homeowners with household income from $150,001 to $250,000 will receive $1,000.Why haven't I received my inflation relief check? ›
If you haven't received your inflation relief yet, it may be because it's not your turn. The Franchise Tax Board is issuing payments in batches, starting with people who received Golden State Stimulus in 2021 and moving in alphabetical order.Are we getting a stimulus check in July 2022? ›
State leaders say an estimated 23 million people qualify for the checks, which will be sent out between October 2022 and January 2023. The payment is only available to residents who have lived in California for at least 6 months in the 2020 tax year or who are living in the state by the time the check is issued.Is there a 4th stimulus check in California 2022? ›
4th stimulus check update 2022 — Huge new $1,050 direct payment to hit bank accounts in weeks – see exact date. MILLIONS of California residents are set to receive a huge new $1,050 direct payment at the beginning of October.Who will get the California gas rebate? ›
When will you get the payment? The first round of payments will go to people who received one of the two Golden State Stimulus payments from 2021 and are eligible for a direct deposit.How do I get the $16728 Social Security bonus? ›
- Work as long as you can: the later you retire the higher your benefit will be. Remember that 70 is the maximum age. ...
- Years worked: If you work less than 35 years you will have a reduction in your SSA check. ...
- High salary: with a high salary you will have a high retirement.
Who is eligible for Social Security COLA? Individuals ages 62 and older can receive Social Security benefits based on their earnings records. Disabled individuals and those who are blind also qualify. Family members of eligible individuals can also draw Social Security benefits.Who gets the 4th stimulus check? ›
California: California will be giving payments of up $700 for joint filing couples earning less than $150,000 annually, with individuals qualifying for up to $350.When can I expect Golden State stimulus 2? ›
1 expect up to 45 days after the return has been processed, the FTB says. Paper checks go out by the last three digits of your ZIP code on your 2020 tax return. Look at the "when you'll receive your payment" section of the program's website here on "paper check timeframes" for the specifics.Does SSI get Golden State stimulus 2? ›
Social Security income is not included in CA AGI. However, if you have $1 or more of CA AGI (up to $75,000), you may qualify for GSS II. If Social Security is your only form of income, you will not receive a payment. However, some people who receive Social Security income may qualify because they receive other income.
Those who are married or are filing jointly with a registered domestic partner (RDP) and who reported an adjusted gross income (AGI) of $150,000 or less on their 2020 returns are eligible for a $1,050 payment if they also have a dependent. Those with no dependents would be in line to receive checks of $700.How do I know if Im getting the Golden state stimulus? ›
- Have filed your 2020 taxes.
- Be either: A CalEITC recipient. ...
- Live in California for more than half of the 2020 tax year.
- Be a California resident on the date payment is issued.
- Cannot be claimed as a dependent by another taxpayer.
California. Millions of Californians are receiving inflation relief checks of up to $1,050, either as a direct deposit or a debit card. The state expects 95% of the payments to go out this year, with the remaining checks reportedly arriving by Jan. 15, 2023.Who qualified for Golden state stimulus 1? ›
Qualifications for GSS I were as follows: Must have filed your 2020 taxes, Must be either a CalEITC recipient or an ITIN filer who made $75,000 or less in California Adjusted Gross Income (AGI) in 2020.Why have I not received the California stimulus 2? ›
If you believe you have qualified for the Golden State Stimulus, but have not received the payment through no fault of your own, you can contact the CFTB. 916-845-6500 (outside the U.S.)Are we getting a stimulus check in June 2022? ›
Another payment, in the form of a refundable income tax rebate, was issued to all taxpayers. Single filers received $500, and joint filers received $1,000. This rebate was split into two equal payments, delivered in June and August 2022. The funds were sent automatically to taxpayers who filed a 2021 state return.Is there another stimulus check coming in October 2022? ›
It's estimated that 90% of direct deposits will be issued in October 2022 and 95% of all refunds will be issued by the end of the year. A top-level rebate of up to $1,050 is possible for married couples with multiple dependents who earn less than $150,000 per year.Will Social Security recipients get a fourth stimulus check in 2022? ›
With inflation in America at an all-time high, seniors and others on a fixed income have been some of the hardest hit by the rising costs of groceries, utilities and fuel.Are we getting a $400 gas stimulus? ›
The payments will range from $400 to $1,050 for couples filing jointly and $200 to $700 for other individuals depending on income level and claimed dependents.What states are getting a 4th stimulus check? ›
Direct Deposit payments will generally be deposited 2 to 3 days after the IRS confirms income eligibility for the payout. Physical checks will take at least 6 to 8 weeks to be mailed out.How will your stimulus check arrive? ›
The vast majority of stimulus check recipients are receiving their money via direct deposit.What states are getting the stimulus check 2022? ›
A host of states – including Colorado, Delaware, Florida, Georgia, Idaho, Indiana, Maine, New Jersey, New York and Pennsylvania – have sent inflation relief or stimulus rebates, according to GoBankingRates.com. Three other states, California, Hawaii and Virginia, are in the process of sending payments to residents.Who gets a 1400 stimulus check in 2022? ›
Stimulus payments can total up to $1,400 per person for those with adjusted gross incomes of $75,000 or less as single filers, or $160,000 or less for joint filers. Families can also receive $1,400 per dependent, regardless of the dependent's age.Can I still claim stimulus check 2022? ›
To claim your first and second stimulus checks, wait until the 2023 tax season begins to get help filing your 2020 tax return. If you only missed your third stimulus check, visit GetCTC.org through November 15, 2022 to claim your tax credit.Why did I get a check from US Treasury 2022? ›
California. Sometime “between October 2022 and January 2023,” millions of Californians will receive a tax rebate paid out in cash — either as a direct deposit or debit card — totaling up to $1,050. Most Californians will qualify for at least some money.Are stimulus checks still being mailed? ›
The government started sending the third stimulus checks on March 12, 2021. The IRS continues to send third stimulus checks as people submit their information to the IRS either by filing a 2020 tax return or using GetCTC.org. The deadline to use GetCTC.org is November 15, 2022.Will there be a 3rh stimulus check? ›
The IRS issued all the third-round stimulus checks by the end of 2021, but eligible people who didn't receive a check last year can still get stimulus money by filing a 2021 tax return now and claiming the recovery rebate credit. (And some Americans will also get a state "stimulus check" this year.)What if I didn't get my relief check? ›
Third Stimulus Check
If you didn't receive the most recent stimulus payment, you can claim it when you file your 2021 tax return.
Social Security recipients will automatically receive a stimulus payment if their income is below the qualifying thresholds (see above) regardless of whether they filed a tax return in recent years.
September 30, 2022
If you haven't received your check yet, and you filed your 2021 state tax return by June 30, 2022, you should receive your rebate before Sept. 30, 2022.
According to the SSA's schedule of Social Security benefits for 2022, SSI recipients will receive two payments in September.Are SSI recipients getting stimulus 2022? ›
Social Security Retirees and Disability recipients who are eligible for the payment will get the stimulus checks/payments deposited the same way they currently get their payments.Who qualifies for gas stimulus? ›
To qualify for the proposed stimulus check, your earnings would need to be as follows: Less than $75,000 for single filers. Those earning between $75,000 and $80,000 would receive a reduced amount with payments being completely phased out for households making more than $80,000. Less than $150,000 for joint filers.Is California getting a 3rd stimulus? ›
|Last 3 digits of ZIP code||Mailing timeframes|
|710-998||12/13/2021 through 12/31/2021|
Who is eligible for inflation relief payments? Recipients must have filed their 2020 tax return by Oct. 15, 2021, have met certain income limits (see below), were not claimed as a dependent in the 2020 tax year and were a California resident for six months or more of the 2020 tax year.What is Golden state stimulus 1? ›
Pursuant to Section 8150 of the Welfare and Institutions Code, the Controller shall make a one-time Golden State Stimulus refund payment of either $600 or $1,200 to each qualified recipient, per specified eligibility guidelines, in a manner determined by the FTB.Is California going to get a rebate check? ›
The Middle Class Tax Refund (MCTR) is a one-time payment to provide relief to Californians. If you are eligible, you will automatically receive a payment. Payments are expected to be issued between October 2022 and January 2023. For questions or to activate your card, visit the contact information on this page.When can you expect a stimulus 2022? ›
When Sent: The first refund checks were sent in May 2022. The Georgia DOR expected to have most payments sent by August. However, your payment won't be sent until you file your 2021 Georgia tax return. So, if you haven't file for the 2021 tax year yet, your payment will be delayed.Is there a stimulus check coming in July 2022? ›
State leaders say an estimated 23 million people qualify for the checks, which will be sent out between October 2022 and January 2023. The payment is only available to residents who have lived in California for at least 6 months in the 2020 tax year or who are living in the state by the time the check is issued.
It is possible that some eligible California residents have not received their Golden State Stimulus checks because they did not file their taxes by the deadline. For some individuals, a delayed payment might be due to a pending Individual Taxpayer Identification Number (ITIN).How do I know if I qualify for a 2022 stimulus check? ›
How much California residents will receive is based on their income, tax-filing status and household size. Single taxpayers who earn less than $75,000 a year and couples who file jointly and make less than $150,000 a year will receive $350 per taxpayer and another $350 if they have any dependents.Is there a new stimulus check coming in 2022? ›
According to the Franchise Tax Board's website, qualifying individuals will receive up to $1,050 sometime between late October 2022 and mid-January 2023. To qualify, you must have been a California resident for at least six months during the 2020 tax year and need to have filed your 2020 tax returns before Oct.Is there a $1400 stimulus check coming in 2022? ›
NEW! The Internal Revenue Service announced Wednesday it has delivered all the payments from the third round of stimulus checks. There are still some people, however, who will be able to claim the money – including some that will receive the full $1,400 - in 2022.Can I track my inflation relief check? ›
Can I track my California inflation relief check? The short answer: no. But you can probably narrow down your timeline a bit. If you filed your taxes online and also received the Golden State Stimulus you may have already gotten your relief.Who qualified for Golden State stimulus 1? ›
You may receive this payment if you receive the California Earned Income Tax Credit (CalEITC) or file with an Individual Taxpayer Identification Number (ITIN). The Golden State Stimulus aims to: Support low-income Californians. Help those facing a hardship due to COVID-19.Is everyone in California getting a stimulus check? ›
To qualify to receive a payment, you must meet certain requirements. You must have been a resident of California for six months or more in the 2020 tax year and be a current state resident.