We received a 1099-MISC from the State of California Franchise Tax Board addressed to both of us but neither of us was self-employed in 2022 What is this?
We received a 1099-MISC from the State of California Franchise Tax Board addressed to both of us but neither of us was self-employed in 2022 What is this?
California issued a 1099-MISC for individuals that received the Middle Class Tax Refund if the amount was $600 or higher. It has been determined by the IRS that the income will not be considered taxable income by the IRS.
For more information on the CA MCTR, see the link below: