Millions of Californians are receiving payments in their bank account or mailbox from the state to help with soaring prices, but unlike stimulus payments sent out during the pandemic, these new
“middle-class tax refunds”
might be subject to federal income tax.
The Internal Revenue Service has not said whether the payments must be included on federal returns, but a recent decision by the California Franchise Tax Board to report payments of $600 or more to the IRS suggests they could be.
— to news.google.com