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To help California residents battle inflation, the state started sending Middle-Class Tax Refund (MCTR) payments early October. However, some residents are still waiting for the one-time payments ...
In guidance late Friday afternoon, the IRS said California's Middle Class Tax Refund and similar payments in other states would not be subject to federal taxes.
October 26, 2022 at 7:30 AM. PeopleImages / iStock.com. ... (FTB) started sending out Middle Class Tax Refunds (MCTRs) of up to $1,050 to approximately 23 million eligible residents. The 18 ...
Californians will receive financial relief through the Middle Class Tax Refund program. This is a one-time payment of up to $1,050, depending on your income and family situation.
The Middle Class Tax Refund, or inflation relief program, aims to pay $9.5 billion to eligible Californians. Refund payments range from $200 to $1,050 depending on your filing status from your ...
In a statement issued on Feb. 3, the agency said that it is “aware of questions involving special tax refunds or payments made by states in 2022,” and is working with state tax officials to ...
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