California Middle Class Tax Refund Card: Check if you are eligible to get it or not!

The California Middle Class Tax Refund Card is a financial relief initiative for eligible Californians who filed their 2020 tax returns on time and meet certain income criteria. This one-time payment, ranging from $350 to $1,050, is issued either through direct deposit or as a debit card by mail. Recipients who have not activated their debit cards will receive reminder letters. If you’re eligible and haven’t received your payment, reach out to their multilingual customer support for assistance.

California Middle Class Tax Refund Card

As of February 22, 2023, the Middle Class Tax Refund (MCTR) has proven to be a significant financial aid program in California. A staggering 32,000,000 California taxpayers and their dependents have benefited from the MCTR, with an impressive total issuance of $9,200,000,000. The majority of payments were processed, with direct deposits ranging from 10/07/2022 to 11/14/2022 and debit card mailings as late as 02/14/2023. Eligibility is determined by factors such as a 2020 tax return filed by October 15, 2021, and California adjusted gross income (CA AGI).

The California Middle Class Tax Refund (MCTR) is a one-time payment from the State of California to qualified taxpayers. The payments were issued in 2022 to help Californians offset the rising cost of living.

To be eligible for the MCTR, you must meet the following criteria:

  • You must be a California resident on the date of the payment and for at least six months of the 2020 tax year.
  • You must have filed a 2020 California tax return by October 15, 2021.
  • Your California adjusted gross income (AGI) in 2020 must have been within the following limits:
  • Single filers: $150,000-$250,000
  • Married filing jointly: $300,000-$500,000
  • Heads of household: $175,000-$325,000

MCTR Payment Amounts

The amount of your MCTR payment is based on your California AGI in 2020 and your tax filing status. The following table shows the payment amounts for each income bracket:

California AGI in 2020 Single Filer Married Filing Jointly Heads of Household
$150,000-$175,000 $350 $700 $500
$175,000-$200,000 $500 $1,000 $750
$200,000-$225,000 $650 $1,300 $1,000
$225,000-$250,000 $750 $1,500 $1,250
$300,000-$325,000 $700 $1,400 $1,050
$325,000-$350,000 $650 $1,300 $1,000
$350,000-$400,000 $600 $1,200 $900
$400,000-$425,000 $550 $1,100 $800
$425,000-$450,000 $500 $1,000 $750
$450,000-$500,000 $450 $900 $650

How to Receive Your MCTR Payment?

Most eligible taxpayers received their MCTR payment by direct deposit in October 2022. If you did not receive your payment by direct deposit, you will receive a pre-loaded debit card in the mail. The debit cards were mailed out from October 24, 2022, to February 14, 2023.

If you have not received your MCTR payment by February 14, 2023, you can check the status of your payment on the Franchise Tax Board (FTB) website. You can also contact the FTB at 1-800-542-9332 for assistance.

California Middle Class Tax Refund Card

How to Use Your MCTR Payment?

You can use your MCTR payment however you need or want. You can use it to pay for groceries, gas, utilities, or other expenses. You can also use it to save for a down payment on a house or to pay for your children’s education.

To use your MCTR debit card, you must first activate it. You can activate your card by calling the number on the back of the card or by visiting the Money Network website. Once your card is activated, you can use it to make purchases anywhere that Visa or Mastercard is accepted.

You can also withdraw cash from your MCTR debit card at any ATM. However, there is a $3 fee for each ATM withdrawal.

Fees for Using Your MCTR Debit Card

There are a few fees associated with using your MCTR debit card. The following table shows the fees and how to avoid them:

Fee How to avoid it?
ATM Withdrawal  Use an ATM that is part of the Money Network network. There are no fees for ATM withdrawals at Money Network ATMs. You can find a Money Network ATM near you by using the ATM locator on the 
Over-the-counter cash withdrawal  Avoid making over-the-counter cash withdrawals. There is a $3 fee for each over-the-counter cash withdrawal.
Foreign transaction fee Avoid using your MCTR debit card to make purchases outside of the United States. There is a 3% foreign transaction fee for all purchases made outside of the United States.
Card replacement fee  Avoid losing or damaging your MCTR debit card. The price to replace a lost or damaged card is $5.

Tips for Using Your MCTR Debit Card

Here are a few tips for using your MCTR debit card wisely:

  • Get your card activated as soon as you receive it. You can activate your card by calling the number on the back of the card or by visiting the Money Network website.
  • Set up a PIN for your card. This will help to protect your card from unauthorised use.
  • Only use your card at reputable merchants. Be careful about using your card at online merchants or at merchants that you are not familiar with.
  • Monitor your account activity regularly. You can check your account activity online or by calling the Money Network customer service line.
  • Report any lost or stolen cards immediately. If you lose or have your card stolen, call the Money Network customer service line immediately to report the card.

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