Pay taxes In a timely manner it can have its rewards. Some states have announced various programs to benefit taxpayers, one of them is the Tax Refund for the Middle Class in California, that some residents could begin to receive this December.
According to information from the state government, the Middle Class Tax Refund or MCTR, for its acronym in English, has benefited almost 32 million taxpayers, and in 2023 most of the payments have already been issued. However, there are others that are still in process, so some beneficiaries are about to receive the stimulus.
He tax refund It is a single payment that seeks to help improve the economy of Californians and it is not necessary to carry out any special process to obtain it, the taxpayers they receive their payment automatically. In fact, the vast majority began to receive them as of October 2022. However, those who did not receive it until now could benefit in the coming months.
How do I know if I will be a beneficiary of the middle class tax refund in California?
In order to be beneficiary of the tax refund of California It is necessary to comply with a series of requirements:
- Having submitted the declaration of taxes of 2020 before October 15, 2021.
- Meet the adjusted gross income limits California to be qualified as middle class.
- In the 2020 tax year you have not been presented as a dependent.
- Having been a resident of California for six months or more, in fiscal year 2020.
- Be a resident of California on the date the payment is issued.
Money Network, debit card
The government of California has a tool on its page through which it is possible to estimate the amount that the taxpayers they could receive if they were beneficiaries of the program. The amounts range from US$200 to US$1,050. Taxpayers who receive direct deposit do so because they electronically submitted their tax return.
In case you have not received the payment, it is important to mention that some taxpayers They obtain the refund through a debit card because the authorities partnered with Money Network for this action, hence the importance of activating the card that will be received by letter and includes special instructions on its use.
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