The $9.5 billion tax refund will provide one-time payments of up to $1,050. Gov. Gavin Newsom and state lawmakers reached a deal for the refunds back in June when gas prices were shattering records at or above $7 a gallon.
To be eligible, you must have filed your 2020 tax return by last October and make less than $150,000 per year. To calculate your payment, go to the state’s website and click on “Middle-Class Tax Refund.”
Those eligible should receive their payment sometime between October and January, either by direct deposit or debit card.