In a few weeks, many Californians will receive a happy surprise in their mailboxes. Here's who's eligible for the long-awaited gas tax rebate.
In just a few weeks, many Californians will receive a happy surprise in their mailboxes: their long-awaited gas tax rebate.
"It's a one-time payment for economic relief, especially from inflation, for Californians," said C.A. Franchise Tax Board spokesperson Andrew LePage. In late June, Gov. Gavin Newsom announced the 2022-2023 budget, which included a $9.5 billion middle-class tax refund — better known as the gas tax rebate. The state is set to send out 18 million payments to eligible Californians in October.
Residents who submitted their 2020 tax return by Oct. 15, 2021, will receive a check between $200 and $1,050 depending on their income. Single filers who made more than $250,000 and families who made more than $500,000 in 2020 are not eligible.
"Whether you're getting a direct deposit or a debit card, we do expect that 95% of all payments will have been issued by the end of the year," said LePage.
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