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The “California Comeback Plan” continues to provide relief aid in the form of stimulus checks to its residents, as part of what Gov Gavin Newsom’s office is calling the “biggest state tax rebate in history”.
The second Golden State Stimulus check mean some two-thirds of California taxpayers are eligible for a $600 payment, with some qualifying families receiving an additional $500.
California To Send Golden State Stimulus Payments This Week
California residents looking for another Golden State Stimulus payment wont have to wait long: The second round of payments will be issued at least by the end of the week.
As with the first round of payments, the second round will be issued in two-week increments, SFGate reported Tuesday, citing comments from a representative of the California Tax Franchise Board.
Checks will come via direct deposit or paper check whichever was chosen on the latest tax return.
If you want to know how much youll get, the Tax Franchise Board website has a tool you can use to help to determine the amount. The Board also said that most Californians who qualify dont need to do anything to receive the stimulus payment other than file their 2020 tax returns. Anyone who filed a return after Aug. 20 will have to wait for their stimulus payment as there is a 45-day waiting period in effect, according to ABC News.
Here are some likely payment scenarios, as outlined by SFGate:
If you qualified for the first Golden State Stimulus payment and claimed a credit of one or more dependents, youll typically receive $500.
If you didnt qualify for that stimulus payment and didnt claim a credit of one or more dependents, youll receive $600.
If you did not qualify for that stimulus and claimed one or more dependents, you could receive $1,100.
If you qualified for the stimulus and didnt claim a credit for one or more dependents, you dont qualify for the second stimulus payment.
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Eligibility For The Recovery Rebate Credit
Those who qualify for the Recovery Rebate Credit can claim the child on their 2021 tax return, which is due in 2022.
Those who qualify for an extra payment under the American Rescue Plan will have the credit applied to their 2021 refund.
Dependents must be under the age of 19 at the conclusion of the year, unless they are students, or any age but permanently incapacitated. Furthermore, the dependant must be a child, brother, sister, foster kid, stepbrother, stepsister, half-brother or half-sister, or descendant of any of these.
However, there are some income limitations that must be satisfied in order to get the Recovery Rebate Credit payment, as taxpayers can receive the entire amount if their adjusted gross income is less than $75,000, or $150,000 if they are married and filing jointly.
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Senior Stimulus: Which Social Security Recipients Will Still Receive A Golden State Payment
Theres still some confusion as to whether Social Security recipients will be receiving Golden State Stimulus II payments. It all depends on state guidelines, and only certain Social Security beneficiaries will receive Californias stimulus check.
Tax Brackets 101: Here Are the Basics You Need To Understand
California News Times reported that nearly 4.5 million checks have been distributed to Californians, about half of the payments expected to go out under this program. The original program was aimed at low-income California residents, but was expanded in July to cover those who make $75,000 or less a year, according to the California Franchise Tax Board.
Californians who receive Social Security checks are eligible for Golden State Stimulus II payments up to $1,100 if they meet the requirements and report other sources of income with an adjusted gross income between $1 and up to $75,000 on their 2020 tax return. The state also noted that when calculating your AGI, Social Security is not included.
Other requirements for Social Security recipients who reported income between $1 and $75,000 on their 2020 tax return include:
Lived in California for most of last year
Still live in California
Have a Social Security number or an Individual Taxpayer Identification number
Cant be claimed as a dependent by another taxpayer
So who doesnt qualify?
Do I Qualify For A $600 Or $1100 Payment
The Golden State Stimulus II payments are different from the Golden State Stimulus I payments that went out earlier this year. GSS I payments — a one-time check of either $600 or $1,200 — went out to those who typically earned less than $30,000 and received the state’s Earned Income Tax Credit, or CalEITC, or those who filed their taxes with an Individual Tax Identification Number, or ITIN.
GSS II has been expanded so that more Californians qualify. You’re eligible for a $600 payment if you’ve been a California resident for more than half of the 2020 tax year . You need to also meet the following requirements:
- Your California Adjusted Gross Income, or CA AGI, was $75,000 or less for the 2020 tax year.
- You cannot be claimed as a dependent by another taxpayer.
If you don’t qualify for GSS II, see if you might be eligible for GSS I. Californians who received the earlier GSS I payment could be eligible for a GSS II check for $500 or $1,000 only if they claimed a qualifying child or relative as a dependent on their 2020 tax return.
Besides those who already received GSS I and have no dependents, there are others who are excluded from GSS II payments. Californians whose income is exclusively from other benefits, like Social Security, CalWorks, unemployment or state disability, do not qualify. For more information, check out the Franchise Tax Board’s help page.
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What Else To Know
Social Security recipients in California may also qualify for the GSS II payment, so long as thats not the persons only form of income and they have an adjusted gross income of $75,000 or less .
The state notes that on top of Social Security, it does not factor the following into AGI: CalWorks and CalFresh benefits Supplemental Security Income /State Supplementary Payment and Cash Assistance Program for Immigrants State Disability Insurance and VA disability benefits and unemployment income.
More information about Golden Stimulus II payments can be found here.
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When Will Those Who Receive Ssi Or Other Benefits Get Their Payment
The California Department of Social Services handles a separate program authorized under Californias stimulus legislation called theGolden State Grant . One-time GSG payments of $600 will be provided to SSI/SSP recipients, along with all eligible CalWORKs Assistance Units and the Cash Assistance Program for Immigrants to provide covid-19 pandemic relief.
The timeline for those payments has not yet been announced but California Department of Social Services spokesman Jason Montiel said We hope to begin issuing payments this summer. He recommended checking the websitewhere more details will be posted as they become available.
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How To Track Your $600 California ‘golden State’ Stimulus Check
In February, Governor Gavin Newsom announced that qualifying Californian’s will receive a $600 Golden State stimulus check. The stimulus package was signed by Newsom on February 23, and a total of 5.7 million Californian’s will be eligible according to the governor’s office. $600 payments have started to go out to Californians on April 15th from The California Franchise Tax Board and will be received in the same way you received your tax return. For eligibility on the Golden State Stimulus click here! If eligible, the speed at which you will receive your payment depends on when you filed your taxes. The state must receive your 2020 taxes before the payment is sent and the deadline to send your taxes for the one-time payment is October 15, 2021. If your taxes were filed between January 1st and March 1st you can expect the Golden State Stimulus after April 15th. If you filed after March 2nd it can take up to 45 days to receive payment depending on the method of delivery.
The California Franchise Tax Board has a wait-time availability on their website for the Golden State Stimulus. Eligible residents can contact The California Franchise Tax Board by talking with a representative on their website or by calling 800-852-5711.
About California Golden State Stimulus Check
In February 2021, California lawmakers approved Governor Newsoms Golden State Stimulus program to send $600 payments to about 5.7 million of Californias lowest-income workers, with extra help for undocumented workers who file taxes.
This became known as Golden State Stimulus I.
In May 2021, Governor Newsom proposed sending the stimulus payments to Californias middle class, too.
California lawmakers approved the plan in late June 2021.
Under the expansion, taxpayers earning as much as $75,000 a year qualify.
Under the Golden State Stimulus II program:
Eligible Californians will receive a payment of $600, and an extra $500 if they claimed at least one dependent on their 2020 taxes, bringing the total maximum amount to $1,100.
However, some recipients of the first Golden State Stimulus payment may also qualify for an additional payment of $500 if they previously claimed a dependent.
Families with at least one dependent get a $500 boost, which increases to $1,000 if they are undocumented and file taxes.
According to Gov. Gavin Newsoms administration, two out of every three Californians are eligible for a share of $12 billion in Golden State Stimulus payments.
Heres who is eligible for Golden State Stimulus I and Golden State Stimulus II.
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When You’ll Receive Your Payment
The final date to qualify has already passed for filers other than those with pending ITINs. If you have already filed, you don’t have to do anything.
If you have not received a payment by now, you will most likely receive a paper check. In addition, if you did not receive a refund with your tax return or owed money at the time of filing, you will receive a paper check.
Payments will go out based on the last 3 digits of the ZIP code on your 2020 tax return. Some payments may need extra time to process for accuracy and completeness. If your tax return is processed during or after the date of your scheduled ZIP code payment, allow up to 60 days after your return has processed. Please allow up to three weeks to receive the paper checks once they are mailed out.
|Last 3 digits of ZIP code||Mailing timeframes|
California Adjusted Gross Income
You must have $1 to $75,000 of California AGI to qualify for GSS II. Only certain income is included in your CA AGI . If you have income that’s on this list, you may meet the CA AGI qualification. To receive GSS II and calculate your CA AGI, you need to file a complete 2020 tax return by October 15, 2021. Visit Ways to file, including free options, for more information.
Income included in CA AGI
Generally, these are included in your CA AGI:
- Wages and self-employment income
- Gains on a sale of property
Visit Income types for a list of the common types of income.
Income excluded from CA AGI
Generally, these are not included in your CA AGI:
- Social Security
- Supplemental Security Income /State Supplementary Payment and Cash Assistance Program for Immigrants
- State Disability Insurance and VA disability benefits
- Unemployment income
You would generally not qualify for GSS II if these were your only sources of income. However, if you have income that is included in CA AGI in addition to this list, you may qualify for GSS II.
For information about specific situations, refer to federal Form 1040 and 1040-SR Instructions and California 2020 Instructions for Form 540. Go to Line 17 of Form 540 for CA AGI.
If you receive Social Security
You may be wondering whether or not you qualify for GSS II if you receive Social Security income. Social Security income is not included in CA AGI. However, if you have $1 or more of CA AGI , you may qualify for GSS II.
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Will These Checks Be Distributed In Every State
Every state will get a federal budget to administer these money, but it will be entirely up to the administration of each state to decide how to spend these dollars and which particular benefits will be included in this plan.
Although most states are anticipated to carry out this effort, the manner in which it will be given will differ from one to the next, thus it is important to visit your local authorities official websites to find out exactly what is required to get this money.
Received A Payment In Error
If you received the Golden State Stimulus payment and believe this is an error, please review the eligibility qualifications above to verify this is an erroneous payment. Once verified, follow the instructions that correspond to the payment received:
Paper checks that have not been cashed:
ATTN: Golden State Stimulus FundFranchise Tax Board
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How To Know If You Qualify
In order to receive a payment via the second Golden State Stimulus check, you will have needed to make 75,000 dollars or less last year and that will allow you to receive 600 dollars, as well as an additional 500 dollars for those with at least one dependent.
Those recipients of Social Security could also receive a check, with the condition being that their SS is not part of their income and you have an adjusted gross income of 75,000 dollars or less.
In order to determine who is eligible, the state of California is looking at residents 2020 tax returns. Those taxpayers eligible for the payment are therefore urged to submit your return before October 15.
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California Stimulus Check For Ssi Recipients: Requirements For Eligibility
There are several additional requirements other than the reported earnings of between $1 and $75,000 for California stimulus check for SSI recipients.
These additional qualifications include that claimants should have been a resident of California for most of last year and must continue to live in California. They should also have their SSN or an ITIN number and must not be claimed as a dependent by any other taxpayer. There is also an online tool that helps answer these questions.
If you think that you havent received the California stimulus check for SSI recipients, you might get it this year. and if you feel the need for more information, the tax board has a comprehensive guide to answer all your questions.
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Stimulus And Grant Payments: How We Are Changing Our Overdraft Process
We made the decision to amend our overdraft processes to provide you access to stimulus payments in their entirety for clients who deposit their Golden State Stimulus and/or Golden State Grant payment into a Union Bank deposit account via a check or direct deposit.
If at the time your stimulus/grant payment is deposited your account has a negative balance, we may apply a Temporary Credit to cover the negative balances in your account so that you may have full access to your stimulus payment. Clients who cash their check are not eligible to receive a Temporary Credit. The Temporary Credit will remain in your account for 90 days, after which it will be reversed, and the amount will become due.
Important information about your temporary credit:
California Stimulus Checks: See When Your Zip Code Will Receive A Payment
Stacks of cash are seen in a file photo.
More than 1 million Californians who qualify for a Golden State Stimulus check but havent received one yet could see a payment as soon as this week.
Thats because the state is preparing to distribute another round starting this Friday.
A total of 1.15 million payments valued at $857 million will be sent out in this latest batch, according to the California Franchise Tax Board.
The disbursement includes 400,000 payments that will be directly deposited into bank accounts this Friday, as well 750,000 paper checks that will be mailed out starting next Monday.
For those anticipating a payment, officials note that it can take several days for direct deposits to show up in bank accounts, and up to three weeks to receive a check by mail after its sent.
Under the GSS II program, California has been sending out checks of up to $1,100 $600 for an individual plus an extra $500 for a qualifying dependent to eligible residents who earned $75,000 or less last year. The funds were approved by lawmakers under the states last budget.
To date, California has issued about 4.5 million Golden State Stimulus II checks, valuing $3.2 billion, according to the Franchise Tax Board. Of those, the state distributed 3.3 million payments through direct deposit and 1.2 million more by mail.
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