Millions of taxpayers in line for direct payments up to $1,050 in October to help fight rising costs

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More than 20 million Californians will get a tax refund in October as a direct payment, among other benefits, to fight inflation.

california The lawmakers announced a new budget scheme that would offer millions of taxpayers across the state to receive refunds.

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Californians Can Receive Up to $1,050 in Tax Refunds Starting in October

on Sunday, MPs announced A $17 billion inflation relief package, which includes direct payments, a diesel tax suspension, and money to help people pay rent and utility bills.

The announcement said that 23 million Californians would $1,050. Receive direct payment up to,

Who is eligible?

Depending on income level, recipients will receive an additional payment of $200, $250, or $350, plus the same amount if they have at least one dependent.

$750.  Thousands have a month left to claim the child tax credit of up to
Millions of Americans to receive direct payment of $750 in August

Here’s the breakdown from state,

  • $350 for single filers earning less than $75,000 . will get
  • $250 for single filers earning from $75,001 to $125,000. will get
  • $200 to single filers earning $125,001 to $250,000. will get
  • Joint filers earning less than $150,000 will receive $700
  • $500 for joint filers with income between $150,001 and $250,000. will receive
  • $400 to joint filers making between $250,001 and $500,000. will receive

In all these situations, joint filers will get a second payment of the same amount if they have at least one dependent.

The budget also allocated $300 million for increased benefits for supplemental Security Income and recipients of state supplementary payments.

For one year, 1.1 million seniors would get $39 more per month if they file individually and $100 for couples.

On October 1, the state will suspend the diesel sales tax, now 23 cents a gallon, for a full year.

The average price per gallon for diesel is $6.97 — up from last month’s price of $6.57.

It was also announced that funds were allocated to help people pay rent and utility bills, but the amount was not specified.

The state said it expects all payments to be made by the end of 2022 or early 2023.

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