Up to $1,050 in tax refund payments started going into the direct deposit accounts of about 23 million Californians on Friday, Oct. 7, state officials said.
These one-time payments known as the Middle Class Tax Refund will be sent to taxpayers through Jan. 15, 2023—as part of the $308 billion state budget signed by Gov. Gavin Newsom in June.
“California’s budget addresses the state’s most pressing needs and prioritizes getting dollars back into the pockets of millions of Californians who are grappling with global inflation and rising prices of everything from gas to groceries,” said Newsom, Senate President Pro Tempore Toni Atkins (D-San Diego), and Assembly Speaker Anthony Rendon (D-Lakewood) in a joint statement….