California inflation relief payments: Here's when you'll get the money

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California inflation relief payments: Here's when you'll get the money
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Inflation has neared record highs in the last year. To help Californians deal with climbing prices, the state announced it will send eligible residents 'inflation relief' tax refund payments.

will pocket depends on several factors including adjusted gross income , filing status, and dependents.

Single people who make less than $75,000 per year will receive $350 and joint filers who make less than $150,000 per year would get $700 plus an extra $350 for a dependent. AGI $150,001 to $250,000:$600 with dependent or $400 without.AGI of $150,001 to $250,000:$400 with dependent or $200 without.AGI of $75,001 to $125,000:$400 with dependent or $200 withoutIf you filed your tax return electronically, the state says you will receive your payment via direct deposit.

The state will send out an estimated $9.5 billion dollars in refunds. The money will come out of the state's 2022-2023 budget surplus. that I have read and agree

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