State relief for certain California residents comes in October and payments will be extended through January 2023.
Under this law, certain families could receive up to $1,050.
It was in June that Governor Gavin Newsom and the state legislature reached an agreement that would compensate low-income families due to the high cost of gasoline and the increase in products derived from it.
To be eligible, residents must have filed their 2020 tax returns by Oct. 15, 2021, lived in the state for six months or more in 2020 and could not be claimed as a dependent in 2020. Recipients must also be a California resident on the date the payment is issued. Payments are automatic if you qualify; residents do not need to apply.
Individuals whose adjusted gross income in 2020 was up to $75,000 will receive a $350 refund, which doubles to $700 for joint filers earning as much as $150,000. Households will receive another $350 if they claim any dependents, for a maximum of $1,050.
Single filers who earn up to $125,000 will receive $250, doubling to $500 for joint filers earning as much as $250,000. Households with dependents will get an additional $250, making families in this income bracket eligible for as much as $750.
Individuals earning up to $250,000 will get $200, and joint filers with income up to $500,000 will receive $400. Dependents will qualify taxpayers in this bracket for another $200, for a maximum payment of $600.
Individual or separate filers who made $250,000 or more are ineligible, as are heads of household or joint filers making $500,000 or more.
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