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In order to be eligible, residents must: have filed their 2020 tax return by Oct. 15, 2021; meet the California adjusted gross income (CA AGI) limits described; not have been eligible to be ...
Plus, how to check your refund status.
Some states have issued stimulus relief checks, such as California's Middle Class Tax Refund (MCTR) payment. But whether these are taxable or not is unclear and is creating a lot of confusion,...
In a press release issued Feb. 10, the IRS clarified the tax status of special state-administered payments to millions of residents in 21 states, determining “that in the interest of sound tax ...
Most taxpayers in the 21 states that sent out stimulus checks or tax rebates in 2022 don’t need to pay taxes on those payments on this year’s federal tax return, the Internal Revenue Service ...
As many as 1 million taxpayers will receive a "special" year-end gift from the IRS as the agency deposits pandemic-era stimulus checks worth a total of $2.4 billion directly in their bank accounts.
The 2024 tax deadline of April 15, 2025, is fast approaching, and you want to be sure to file your taxes on time. If you’re getting a refund, it’s even more important to file in a timely ...
In California, Gov. Gavin Newsom, through the State of California Franchise Tax Board (FTB), began sending out Middle Class Tax Refunds (MCTRs) of up to $1,050 to approximately 23 million eligible ...