Fourth Stimulus Check Update: Up to $1,200 Payments for 70,000 Californians Set to Go Out
California has introduced two stimulus check programs named the Golden State Stimulus I and Golden State Stimulus II to provide rapid cash support to millions of low and middle-income Californians.
According to The U.S. Sun, these stimulus checks are worth up to $1,200 and $1,100, respectively. The latest California stimulus checks under the two programs were issued earlier in February.
The state has already sent 12.3 million stimulus checks in total, valued at around $8.8 billion. However, another 60,000 to 70,000 residents will soon start getting stimulus payments in days.
These California stimulus checks are scheduled to be released in two rounds in mid-March and mid-April. The public affairs office has yet to provide the exact date for the release of the stimulus checks.
Half of the issued payments will be released through direct deposit, while the other half will go out through the mail. Direct deposits usually arrive within a few business days.
Meanwhile, people receiving checks in the mail need to wait up to three weeks to arrive. However, not everyone who lives in California will be eligible for the state's stimulus check.
California Stimulus Check
People can qualify for the Golden State Stimulus I if they are a California resident, not claimed as a dependent.
Eligible residents also include those who claim the CalEITC on their 2020 California tax return be on October 15, 2020, to receive $600 or file their 2020 tax return with an Individual Tax Identification Number and up to $75,000. Those people who are covered by this qualification can receive $1,200.
On the other hand, the Golden State Stimulus II provides $600 to taxpayers who did not qualify for GSS I and an additional $500 up to $1,000 if there is a child dependent, according to the Golden State Stimulus site.
Eligibility is based on residents' 2020 tax returns. Residents can find a free tax prep site near them or file online to see if they qualify.
Another way a Californian could claim a stimulus check is if you are still owed one from the federal government worth up to $1,400.
Aside from the tax returns being the basis for eligibility, parents who had a baby in 2021 can also qualify. In addition, families who added a dependent on their 2021 tax return can also receive stimulus checks, as well as individuals and couples who earned more than $80,000 and $160,000, respectively.
Eligible family members who passed away in 2021 and did not receive their full stimulus payment can also claim checks.
Federal Stimulus Checks
The first round of federal economic stimulus checks was issued in April 2020, with eligible tax-paying adults receiving a check of up to $1,200 while eligible dependents under 16 years of age received $500 each.
The second round of federal stimulus payments was released from December 2020 to January 2021. It provided a one-off check of up to $600, but households were also able to claim an additional $600 for child dependents aged 16 or under. In 2021, the third round of stimulus checks was issued.
This article is owned by Latin Post.
Written by: Mary Webber
WATCH: Final California Stimulus Checks Being Distributed - From KTVU FOX 2 San Francisco
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