California residents can expect to receive direct payments of up to $1,050 to help offset the costs of rising inflation rates in just one day.
Officials are set to begin distributing the Middle Class Tax Refund payments on Friday, sending out roughly $9.5 billion to California residents through direct payments, according to ABC 10 News.
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Payments can either be delivered through direct deposit, which are scheduled to arrive within days, or can be sent as a prepaid debit card, which may take a few weeks to be delivered.
It’s not clear how long it will take for all payments to be disbursed, with most being distributed throughout October and the last of payments arriving by the end of January.
To be eligible for the payments, residents must have filed their 2020 tax returns by the deadline of Oct. 15, 2021, and cannot be listed as a dependent. Payment amounts will vary depending on one’s marital status and annual income.
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Married couples filing jointly could be paid anywhere from $400 to $1,050, while heads of household could receive anywhere from $200 to $700, depending on income and number of dependents.
