Here’s how much money you’re eligible for under California’s inflation relief plan

Californians will pocket up to $1,050 in the state’s $9.5 billion effort to help with inflation and climbing gas prices — and lower-income residents are the focus.

The money, which is estimated to hit early next year in either a direct deposit or debit card, will range depending on how you file and your annual income.

How much money will I get?

The more you make, the less you should expect from California’s inflation and gas relief package.

In Sacramento, for example, the median household income is roughly $65,800, according to the U.S. Census Bureau. That income falls in the first category: single filers who make less than $75,000 a year will receive $350 and joint filers making less than $150,000 will receive $700.

Filers who fall in the first category will receive an additional $350 if they have at least one dependent.

Single filers making between $75,001 and $125,000 will get $250, while joint filers making between $150,001 and $250,000 will get $500. Those with at least one dependent receive an additional $250.

Only 6% of California’s population represent the last category: Single filers earning between $125,001 and $250,000 will receive $200 and joint filers making between $250,001 and $500,000 will pocket $400. People will receive an additional $200 if they have at least one dependent. In short:

▪ A single filer will receive between $200 and $350.

▪ A single filer with at least one dependent will receive between $400 and $700.

▪ A joint filer with at least one dependent will receive between $600 and $1,050.

How did California get here?

An agreement about California’s inflation and gas price relief package leaked Friday after dueling plans from both legislative leaders and Gov. Gavin Newsom floated for months.

In Newsom’s plan, fist introduced in the spring, vehicle owners would pocket between $400 to $800 in debit cards , depending on how many cars they owned. But legislative leaders wanted an income-limited plan for taxpayers — which is what eventually was decided.

One thing to note: While the proposed package sends money to families, it’s capped at one dependent. The legislature will vote on the agreement this week.

What do you want to know about life in Sacramento? Ask our California Utility Team your top-of-mind questions in the module below or email utilityteam@sacbee.com.