Millions of California taxpayers will be receiving a one-time Middle Class Tax Refund payment of between $200 and $1,050.
either the first or second round) via direct deposit. If that's you, you can expect a payment to your bank account between Oct. 7 and Oct. 25. The FTB expects about 90% of direct deposits will be issued in October.
The last batch of payments in the form of debit cards will be sent out by Jan. 15, 2023 for those who qualify for direct payments, but do not fall into a category above. To clarify who will be getting a direct deposit or a debit card, the FTB said it depends on last year's taxes. Those who e-filed taxes in 2020 and received a state tax refund by direct deposit will get this year's inflation relief payment by direct deposit as well.
If you don't have direct deposit set up, you will instead get a debit card. The FTB said debit cards will be mailed out between Oct. 25 and Dec. 10 for those who received Golden State Stimulus payments via debit card last time around.
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