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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 ...
Were a California resident for six months or more of the 2020 tax year. Are a California resident on the date the payment is issued. The MCTR is based on 2020 state income tax returns, filing ...
The California Franchise Tax Board announced this week that the second round of state stimulus payments will be released tomorrow, Sept. 17. An estimated 2 million checks are set to hit bank ...
The following states have already issued a fourth stimulus to its citizens: California: California will be giving payments of up $700 for joint filing couples earning less than $150,000 annually ...
The Internal Revenue Service (IRS) finally issued guidance regarding the federal tax status involving special payments made by 21 states in 2022, determining that taxpayers in many states will not...
Under the program, eligible taxpayers will receive a $250 tax credit per child with a maximum credit of $750. Anyone who has filed their 2021 tax return and has an AGI of $100,000 or less ...
Due to an amendment to the 1992 Taxpayer’s Bill of Rights, residents are eligible (this year) for a tax rebate of $750 — or $1,500 for a couple who filed taxes jointly.
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 ...