The final stimulus checks in California are currently being sent out. Distributing the money started in October when it was sent via direct deposit. The program is called the Middle Class Tax Refunds (MCTR), and recipients will receive between $200 and $1,050.
How Much to Expect
The amount of the California economic stimulus checks for inflation relief will vary based on the situation and income. Single taxpayers making less than $75,000 and couples filing jointly earning less than $150,000 a year will receive $350 each.Singles earning between $75,000 and $125,000 and couples earning between $150,000 and $250,000 can expect to receive $250, plus an equal amount for a family, for a total of $750.
Singles earning between $125,000 and $250,000 and couples earning between $250,000 and $500,000 will get $200, plus an equal amount for a family, for a total of $600.
Direct Deposit Payments
Direct deposit payments for the MCTR started in early October and were sent to those who received the Golden State Stimulus (GSS) checks by mail. Others that did not receive a GSS check have also received their MCTR direct deposit by Nov. 14.Debit Card Payments
If you did not receive a direct deposit of the MCTR yet, you will likely get it in the form of a debit card in the mail. Debit cards started being mailed out on October 24, 2022, but will not be completed until January 14, 2023.Qualifications for the MCTR
Qualifying for the MCTR is simple enough. You just had to have been a California resident in 2020 for more than half a year, and on the date the payment is sent to you. You also must have filed your 2020 taxes by Oct. 15, 2021. Also, you cannot be claimed as a dependent and not have a California adjusted gross income of more than $75,000.What to Do If Stimulus Payment Not Received
There may be several reasons why you have not received a stimulus check yet. ABC10 says that some reasons could include not qualifying for the stimulus payment, a change of address, or a change of bank.When to Expect Your Stimulus Payment
Californians that qualify should already have received their stimulus check. Those who will be getting a debit card should have it mailed by the end of the year—but it may take up to two weeks to have it delivered.Other States Also Have Stimulus Payments
California is not the only state that is trying to help its residents. Other states have found different ways to help people cope with the high inflation rates, but in most places, the help ends in December.One state—Minnesota—limited sending out stimulus payments to front-line workers. They needed to have worked a minimum of 120 hours between Mar. 15, 2020 and June 30, 2021 to receive the payment.
Rhode Island paid $250 per child as a rebate. Residents could claim up to three children.
Two states offered a low cash rebate or a percentage of your state taxes—whichever one was larger. Idaho offered $75, or 12 percent of their state taxes, and Massachusetts residents received a rebate of 14 percent of their tax liability. Some states sent stimulus checks to everyone in their state—regardless of their income.
Several other states started making incentive proposals, but nothing has been determined yet. Most likely, a final decision probably will not be made before the end of the year.