Eligible Joint filers generally received $1,500. However eligible single filers generally received $750. The amount depended on the filing status on your 2021 Colorado state tax return. Related: California Tax Deadline Extension 2023: What You Should Know Colorado TABOR RefundsĬolorado TABOR refunds (also known as "Cash Back" payments) were sent to Coloradans 18 years of age or older (as of December 31, 2021), who were residents of the state for all of 2021, and who filed a 2021 Colorado income tax return or applied for a Colorado property tax/rent/heat credit (PTC) rebate. Note: If you received a California MCTR payment and haven't filed your 2022 federal income tax return yet because the I RS extended the tax deadline for some Californians, be sure to read about what the IRS has said about whether California MCTR payments are taxable.Īlso, for general information on California taxes, see Kiplinger's California State Tax Guide. The California FTB reported that the "Middle Class Tax Refund benefited almost 32,000,000 California taxpayers and their dependents." The majority of the California payments should have been received by eligible residents by mid-February of this year. You generally should have received your California MCTR payment from October of last year to mid-January of 2023 (generally via direct deposit or MCTR debit card). The California Franchise Tax Board (FTB) offered an online tool to help estimate MCTR amounts. The amount of MCTRs were from $200 to $1,050, depending on your income, filing status, and whether you have dependents. Were a California resident for at least six months in 2020.Couldn't be claimed as a dependent on someone else's 2020 tax year and.Did not exceed certain income limits in 2020 (California adjusted gross income over $250,000 for single people and married couples filing separate tax returns or over $500,000 or others).
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