Final CA Inflation Relief Payments To Arrive In Mailboxes

CALIFORNIA — Thousands of Californians are in for a welcome surprise this month as the last inflation relief payments arrive in bank accounts and mailboxes.

The Middle Class Tax Refund was approved as part of the 2022-2023 budget surplus, guaranteeing payments ranging from $200 to $1,050 to qualified taxpayers in the Golden State. Most of the payments went out via direct deposit or preloaded debit cards between last October and January, but some payouts are still due.

According to KTLA, the Franchise Tax Board is still working through approximately 5,000 payments, and officials expect to have them processed by the end of this month.

To date, the FTB estimates it has paid out $9.2 billion of the $9.5 billion projected for the program, including direct deposits to 7.2 million Californians and debit cards mailed to another 9.6 million.

The inflation relief payments apply to most households and joint filers making less than $500,000 annually, and to single filers making $250,000 or less. The highest payment of $1,050 goes to married or joint filers with dependents who make $150,000 or less, and the smallest payments range from $200 to $400.

Here's the breakdown:

According to KTLA, the FTB does not expect to issue new Middle Class Tax Refund payments after September, but may reissue payments for issues like a lost debit card. Residents who believe they are owed a missed payment or lost their MCT debit card can give the state's vendor a call at 1-800-240-0223.

Learn more about eligibility and how payments are distributed on the FTB's website.