Your California inflation relief questions, answered: What if my bank or address changed?

Several readers have reached out to The Sacramento Bee with questions about California’s inflation relief payments.

Since news broke months ago that stimulus payments were on the way, we’ve answered a variety of popular inquires: What’s the payment schedule?; What do I do if I wasn’t paid as much as predicted?; and why don’t all Californians don’t qualify for the money?.

Payments began rolling out Friday, Oct. 7 and will continue through Jan. 15. If you have a question about the Middle Class Tax Refund that The Bee hasn’t covered, email utilityteam@sacbee.com.

In the meantime, here are more of your questions answered.

What should I do if my direct deposit account changed?

A reader emailed The Bee, curious what steps to take to secure their inflation relief payment.

The reader said they’ve closed the bank account that their 2020 tax refund and previous stimulus payments were deposited into.

ANSWER

Those whose bank accounts have changed since filing their 2020 California tax return, according to the Franchise Tax Board’s website, should expect a debit card in the mail by Jan. 15.

What if my home address has changed?

READER QUESTION

Another reader emailed The Bee, curious which address their inflation relief payment will be sent to because their home address has changed.

ANSWER

The Franchise Tax Board, according to its website, is shipping payments out using the current address on file. Make changes to your address using your “MyFTB” account.

Allow additional time for the tax board to process address changes.

How much money will I get?

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 11, 2022 at 11:02 AM with the headline "Your California inflation relief questions, answered: What if my bank or address changed?."