Tax Refund California: Check Mailing Schedule Up to $1,050?
We know tax season is the worst – but what if you could get a little something back? California residents, this one’s for you: if you’re eligible for a tax refund, you could get up to $1,050 back in your pocket.
Here’s what you need to know about your California tax refund: when to expect it in the mail and how to file for it.
What is a Middle-Class Tax Refund?
Middle-class tax refunds are a way to give hardworking Californians a chance to save on their taxes. It’s a generous one-time payment from the state of California to provide much-needed relief to middle-class families.
The refund is based on income and filing status, and it can be used for whatever you need most — whether that’s paying down debt, buying groceries, or just having some extra money to get by during this tough time.
This tax refund is part of California’s efforts to provide financial support to its residents during tough times. It will help taxpayers with the high cost of living with much-needed financial relief.
When Can I Expect My Tax Refund?
Californians, rejoice! In less than 24 hours, you will receive a fresh round of direct payments to help ease the burden of taxes. This tax relief is offered through the Middle-Class Tax Refund and provides a one-time deposit ranging from $200 to $1,050.
The distribution of these funds starts tomorrow and continues until the end of the year, with payments being dispersed based on your last name.
The Golden State Stimulus (GSS) payment schedule has been released to the public, and it is vital for those who did not receive the GSS to follow the schedule to get their money quickly.
Here’s how the schedule works:
- Those with last names starting with A through K who did not receive a GSS will receive their money by Saturday, December 17.
- Those with last names starting with L through Z who did not receive a GSS will receive their payment between December 19 and December 31.
- For those with direct deposits, if you have updated your banking information since filing your 2020 tax return, you should expect to receive your money between December 17 and January 14.
It is important to note that those who have not received their GSS should take the necessary steps to follow the payment schedule. Failure to do so can delay or even cause nonpayment of your GSS funds.
What are the eligibility requirements for the Middle-Class Tax Refund?
Californians must meet certain eligibility requirements to receive the Middle-Class Tax Refund.
These requirements include: –
- Filing a 2020 tax return by October 15, 2021.
- Meeting the California adjusted gross income (CA AGI) limits.
- Not being eligible to be claimed as a dependent in the 2020 tax year.
- Being a California resident for six months or more of the 2020 tax year.
- Being a California resident on the date, the payment is issued.
- You must file taxes as a resident of California.
How You’ll Receive Your Payment?
Californians have the option of receiving their MCTR payment either by direct deposit or via a debit card.
Those who opted for e-filing their 2020 CA tax returns and received their state tax refund by direct deposit will receive their MCTR payment via direct deposit. Those not eligible for direct deposit will receive their payment via the MCTR debit card.
The debit card payments will be mailed to the remaining eligible taxpayers if you:
- Filed a paper return.
- Had a balance due.
- Your GSS payment was received by check.
- Whatever your filing method, you received your refund by check.
- In the past few months, you have changed your bank account or banking institution since receiving your 2020 tax refund through direct deposit.
- Payed your tax preparer fees with your tax refund or received an advance payment from your tax service provider.
No matter which payment method you qualify for now is the time to make sure you update your banking information if necessary, as these payments are on their way.
With the Middle-Class Tax Refund, Californians have an extra incentive to bring in some financial relief during these tough times. Be sure to follow the payment schedule and provide your banking information if necessary to receive this money as quickly as possible. Good luck!