Still waiting for your California payment to help with the cost of living? On Friday, Oct. 28, the next batch of money will be sent to bank accounts.
This latest round is for people who are eligible for direct deposit payments but did not get Golden State Stimulus payments in the past. (See below for a full list of when payments will be made.)
Next Round Of California Inflation Relief Payments Clarified: Who Can Apply & How To Do So
The California Franchise Tax Board said it expects about 90% of direct deposits to be issued in October and 95% of all payments (direct deposit and debit cards) by the end of the year.
The payments were promised earlier this year to help with rising prices for gas and other costs of living. The state legislature and governor agreed that Californians who file their taxes in the state and make less than $500,000 a year will get payments of $200 to $1,050, depending on how much they make and how many people are in their family.
Where Can I Find Out How Much Inflation Relief I Will Get?
You can use this online tool to estimate how much money you should receive. Depends on how much tax you pay in 2020.
How And When To Get Checks To Help With Inflation In California?
A representative for the California Franchise Tax Board said that the payments will be made through direct deposits and debit cards that will be sent in the mail.
Who Gets A Direct Deposit Payment, And When Does It Get There?
Californians who received the Golden State Stimulus and who filed their tax return electronically and received their tax refund through direct deposit will have payments issued to their bank accounts starting Oct. 7 through Oct. 25.
State officials say that the rest will get their payments between October 28 and November 14. You can expect direct deposits to arrive up to five business days after they were sent.
The Franchise Tax Board has also put out this plan for when debit cards will be sent to people.
- GSS I or II check recipients (last names starting with A–E): Oct. 24, 2022, through Nov. 5, 2022
- GSS I or II check recipients (last names starting with F–M): November 6–19, 2022
- GSS I or II check recipients (last names starting with N–V): November 20, 2022–December 3, 2022
- GSS I or II check recipients (last names starting with W to Z): Dec. 4, 2022, through Dec. 10, 2022
- Non-GSS recipients (last names starting with A–L): Will be announced after November 7, 2022.
Non-GSS recipients (last names starting with M to Z): Will be announced after November 21, 2022.
The Franchise Tax Board says to give the debit cards up to two weeks after the dates above.
What If I Was Supposed To Get A Direct Deposit, But Since I Filed My Taxes, I Changed My Bank Account Information?
From December 17, 2022, to January 14, 2023, you’ll get a debit card payment in the mail.
How Much Money Will This Refund Give Me?
How much you get will depend on your adjusted gross income for California and how many people depend on you.
Depending on how much money they make, taxpayers get either $350, $250, or $200. If they have at least one dependent, they also get an extra payment of the same amount.
Tier 1: People who file as single and make less than $75,000 will get $350. People who file jointly and make less than $150,000 get $700. If they have at least one person who depends on them, they’ll get an extra $350.
So, for example, a married couple with one child who makes $100,000 a year gets $1,050.00.
About 82% of the people who get help from the state are in this income range.
People who file as single and make between $75,001 and $125,000 would get $250. People who file jointly and make between $150,001 and $250,000 will get $500. If they have at least one person who needs them, they will get an extra $250.
About 12% of people who get help are in this group.
Tier 3: People who file as single and make between $125,000 and $250,000 will get $200. People who file as a married couple and make between $250,001 and $500,000 would get $400. If they have at least one person who needs them, they will get an extra $200.
About 6% of the people who get help are in this group.
What If I Didn’t Send In A Tax Return For 2020?
Most people who didn’t file taxes in 2020 won’t be able to get the payment. But the state is also giving these programmes more money:
People who get Supplemental Security Income (SSI) or State Supplemental Payment (SSP): The SSI/SSP programme is for seniors who are blind or disabled or who are 65 years old or older. A budget deal that was passed raises grants for individuals by about $39 per month ($470 per year) and for couples by about $100 per month ($1,200 per year). All told, 1.1 million cases are affected by the increases.
CalWORKS grant recipients: CalWORKS is a programme that helps families with one or more children by giving them money and services. When added to the increases that were already planned, a family of three could get as much as $194 more per month. About 369,000 households will be affected by the price hikes.
Since I Only Get Money From The Government In The Form Of Social Security Payments, I Don’t Have To File Taxes. Do I Still Qualify?
Seniors who don’t file taxes because they only get Social Security payments and other people who don’t file taxes aren’t eligible for the refund.
H.D. Palmer, a spokesman for California’s Department of Finance, says that they may still be able to get help in other ways, such as through rent relief and help with utilities.
What If I Want To Ask Something Else?
You can call 1-800-542-9332 to reach a customer service line. You can also talk to people online.
iPhone taxes in 2020 will I still be able to receive the $300 or $350 I’m on social security but I have a direct Express card and no bank account