Last Chance: Final Batch Of CA Inflation Relief Payments Announced

CALIFORNIA — If you still haven't received your California inflation relief check, don't fret. The Franchise Tax Board just released its full payment schedule.

Some 17 million payments have been sent out in batches since early October, but a change announced this week to the timeline may affect when you get yours.

The state tax board is responsible for disbursing state tax refunds, which range from $200 to $1,050. The money is sent via direct deposit or debit cards in the mail. Payments have been sent according to the total amount and a person's last name.

When you get paid depends on a few factors — your last name, whether or not you received a Golden State Stimulus last year and how you received your state tax refund for taxes filed in 2020.

Here's the new timeline of when payments will be sent out:

• Last name beginning with A – E - Oct. 24 - Nov. 5
• Last name beginning with F – M - Nov. 6 - Nov. 19
• Last name beginning with N – V - Nov. 20 - Dec. 3
• Last name beginning with W – Z - Dec. 4 - Dec. 10
• Non-GSS recipients (last names A-L) - Dec. 5 - Dec. 17
• Non-GSS recipients (last names M - Z) Dec. 19 through Dec. 31
• Direct deposit recipients who have changed their banking information since filing their 2020 tax return - Dec. 17 through Jan. 14, 2023.

To date, the state has sent 6,739,880 direct deposits and 2,556,729 debit cards. About $5,053,764,350 in payments have been paid by the state, according to the Franchise Tax Board.

In total, the Middle Class Tax Refund has paid 17,259,498 California taxpayers and their dependents, the board said.

Estimate how much you might get here.

The state's Middle-Class Tax Refund — which was approved as part of a 2022-2023 state budget surplus — is expected to hand out payments to more than 20 million Californians.

The funds will continue hitting bank accounts between October and January 2023. Payments will be issued either on a debit card or through direct deposit. Those who filed their taxes online can expect a direct deposit.

Under Gov. Gavin Newsom's proposal, the state is sending out an estimated $9.5 billion to Golden Staters. The rebate was made possible by another historic state budget surplus, though in recent days, it's looking like the state won't be so flushed with cash in the next fiscal year.

California is likely to face a $25 billion budget deficit next year, which could coincide with a potential recession, state officials announced last week.

The forecast from the Legislative Analyst's Office marks an end a two-year string of historic budget surpluses and serves as a warning to other states of a looming recession.

READ MORE: CA Forecasts $25B Budget Deficit Next Year Amid 'Threat Of Recession'

Who Is Getting A Rebate?

To receive this rebate, residents must have completed a 2020 California tax return by Oct. 15, 2021. Recipients must have been a California resident for six months or more during the 2020 tax year and must be a resident on the date that payment is issued.

Recipients also must not have been eligible to be claimed as a dependent in the 2020 tax year.

Determine your eligibility here.

How Much Will I Get?

Single filers who make under $75,000 per year will get $350, joint filers with a combined income of under $150,000 will get $350 each and those with dependents will also receive an additional $350.

Anyone who makes more than $125,000 but less than $250,000 individually will be given $200. Another $200 will be given for any dependents.

Payments will not be given to single filers who make more than $250,000 a year or to joint filers who make more than $500,000.