Here are new details on the California inflation relief payment schedule for debit cards

California released new details on how inflation relief dollars will be distributed to eligible taxpayers expecting debit cards, offering more specifics based on last names and previous stimulus payments.

The change, updated on the state’s Franchise Tax Board website Thursday evening, now shows a timeline of when Middle Class Tax Refund issuance dates will be announced.

If you previously received a Golden State Stimulus check, regardless of last name, the issuance date will be announced after Oct. 17.

If you did not receive the stimulus check, and your last name starts with A-L, the date will be announced after Nov. 7.

For those with last names M-Z, it will be announced after Nov. 21.

The state expects all debit cards to be mailed between Oct. 25 and Jan. 15.

Debit card recipients should allow up to two weeks from the issue date to receive their payment in the mail.

You’ll receive a debit card, according to the Franchise Tax Board’s website, if the following apply to you:

• Filed a paper return
• Had a balance due
• Received your Golden State Stimulus payment in a check
• Received your tax refund by check regardless of filing method
• Received your 2020 tax refund by direct deposit, but have since changed your bank or bank account number
• Received an advance payment from your tax service provider or paid your tax-preparer fees using your tax refund

Direct deposit schedule

The state will first issue direct deposits to Golden State Stimulus recipients between Oct. 7 and Oct. 25. Non-GSS recipients won’t see the money until at least Oct. 28, with payments continuing through Nov. 14.

Payments will likely hit accounts within three to five business days from the issue date. When your payment posts to your account will vary depending on your banking institution.

The direct deposit schedule is solidified with 90% of direct deposits, according to the Franchise tax Board’s website, projected to hit accounts by the end of October.

In a September email to The Bee, Franchise Tax Board Spokesman Andrew LePage said nearly 95% of all stimulus checks — “direct deposit and debits cards combined” — should be issued by the end of the year.

How much will I get paid?

Here’s how much you qualify for under California’s new inflation relief plan, according to the Franchise Tax Board’s website, last updated Oct. 7:

JOINT RETURNS

1. Income of $150,000 or less: $1,050 with dependent or $700 without.
2. Income of $150,001 to $250,000: $750 with dependent or $500 without.
3. Income of $250,001 to $500,000: $600 with dependent or $400 without.

HEAD OF HOUSEHOLD

1. Income of $150,000 or less: $700 with dependent or $350 without.
2. Income of $150,001 to $250,000: $500 with dependent or $250 without.
3. Income of $250,001 to $500,000: $400 with dependent or $200 without.

SINGLE FILERS

1. Income of $75,000 or less: $700 with dependent or $350 without.
2. Income of $75,001 to $125,000: $500 with dependent or $250 without.
3. Income of $125,001 to $250,000: $400 with dependent or $200 without.

The Franchise Tax Board has a “Middle Class Tax Refund” calculator California residents can use to estimate their upcoming payment and whether or not they qualify.

This story was originally published October 7, 2022 at 11:08 AM with the headline "Here are new details on the California inflation relief payment schedule for debit cards."