Golden State Stimulus Number 2 Eligibility
Heres what you should know about the Golden State Stimulus II program:
First, to be eligible, you must have filed your 2020 taxes.
Next, you must have a California adjusted gross income of $1 to $75,000.
However, adults without kids who received a check from the first Golden State Stimulus program will not receive another check.
Third, you have to be a California resident for more than half of the 2020 tax year and also a state resident on the date the payment is issued.
Lastly, you cannot be claimed as a dependent by someone else.
Am I Eligible For Golden State Stimulus Ii
First up, the Second Golden State Stimulus is different to the first Golden State Stimulus, which went out earlier this year. Think of the second stimulus here as an expansion of one stimulus programme rather than rounds of stimulus, as we saw with the Federal stimulus program .
The first round of Golden State Stimulus went to those earning under $30,000, the second payment goes to those earning up to $75,000, with those who got a first payment ineligible for the second, unless they meet certain requirements.
Those taxpayers who received the first Golden State Stimulus check AND claim a dependent are eligible for a further $500 payment.
Note that for Golden State Stimulus II you need to have been a California resident for more than half of the 2020 tax year and must still be a California resident on the date the payment is issued. You also need to file your 2020 taxes by October 15, and obviously you cant be claimed as a dependent by another taxpayer.
How To Check If You Have Qualified For The Golden State Stimulus Checks
In order to qualify for the GSS II stimulus checks, you need to have filed your 2020 taxes. That is mandatory. You also need to show an AGI of $75,000 or less and/or have wages less than $75,000. You also need to be a resident of California for more than half of the previous tax year and also on the date the payment is being issued. Keeping all these aside, you should not be claimed as a dependent by another taxpayer.
In order to qualify for the GSS I stimulus checks you must file your 2020 taxes. You need to be either a California Earned Income Tax Credit recipient or an ITIN filer who made $75,000 or less . You also need to be a resident of the state when the payment is being issued. You need to be 18 years or older as of the last date of the tax year and not be eligible to be claimed as a dependent.
You can keep yourself up-to-date about the Golden State Stimulus I and II by keeping an eye on the Franchise Tax Boards Golden State Stimulus Webpage.
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Californians Getting More $600 And $1100 Stimulus Checks Next Week: Heres The Latest
Another check is on its way to two of every three California residents through the Golden State stimulus program.
California stimulus checks provide direct cash relief to those hit hardest by the pandemic.
Though a fourth stimulus check isnt on Washingtons agenda, and enhanced federal unemployment benefits expired for millions last month, an estimated 9 million Californians are getting some extra relief aid in year two of the pandemic.
A third batch of Golden State Stimulus II payments is getting sent out on Oct. 5. The first batch, amounting to 600,000 payments, went out Aug. 27, and the second batch, on Sept. 17, was much larger, with at least 2 million Californians receiving the benefit. Approximately two-thirds of California taxpayers are eligible for a payment of $600, and some qualifying families will receive an additional $500.
These state-only checks are part of the $100 billion California Comeback Plan aimed at providing immediate relief to families and business thatve been the most negatively impacted by the pandemic. Gov. Gavin Newsoms office called it the biggest state tax rebate in American history.
Read on to find out if youll be getting a Golden State Stimulus II check, what you need to do to get your money, and when your check could arrive. Also, heres everything you need to know about the 2021 child tax credit, which is providing the vast majority of families across the US with advance monthly checks to help cover expenses and basic necessities.
Estimate Your Stimulus Amount
The Golden State Stimulus has been expanded so more Californians are eligible. Now people may qualify for the new Golden State Stimulus II. Use this tool to find out what you may receive.
This payment is different than the Golden State Stimulus I .
If you qualify, you only need to file a complete 2020 tax return to receive the Golden State Stimulus II payment.
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Who Is Eligible For Golden State Stimulus Check 2
To be eligible for the Golden State Stimulus I , you must meet the following criteria:
- Have filed your 2020 taxes
- Be either: A California Earned Income Tax Credit recipient An ITIN filer who made $75,000 or less
- Be a California resident on the date payment is issued
- Be 18 years or older as of the last date of the tax year
- Not be eligible to be claimed as a dependent
Here are the qualifications for the California Earned Income Tax Credit
To qualify for CalEITC, you must:
- Have taxable earned income up to $30,000
- Not use married/RDP filing separately if married or RDP
- Live in California for more than half the year
- Meet all other qualifications
If you dont qualify for GSS I, you may qualify for GSS II
Contacting The California Franchise Tax Board
The CFTB can be contacted through three main methods for any taxes or Golden State stimulus checks.
Phone
Representatives can assist California residents from 8 AM to 5 PM Pacific Time, Monday to Friday at 800-852-5711. For those residing outside of the US, 916-845-6500 can be used.
Chat
By signing into your MyFTB account, you can chat with representatives from the CFTB, weekdays between 8 AM to 5 PM.
Requests can also be handled through the mail. Those wishing to send questions, documents, or any other communications to the CFTB can address their correspondence to:
Franchise Tax Board
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Stimulus Check Update: Eligibility For These Payments
Californians who get Social Security payments are eligible for a stimulus check of up to $1,100, which includes $600 for themselves and $500 for a qualifying dependent, provided that they meet all qualifications and they reported other sources of income with an AGI between $1 and up to $75,000 on their 2020 tax return. The state notes that in calculating a persons AGI, Social Security is not included.
The California Franchise Tax Board on its website has a hypothetical instance in which a Social Security beneficiary would qualify for a Golden State Stimulus II payment.
Under this scenario, someone with a savings account gets $2,700 a month in Social Security. That person reports $32,400 in Social Security income and taxable interest of $12.37 from the bank account on their 2020 tax return. That interest is counted toward the California AGI, therefore making the individual eligible for the payment.
If Social Security is the persons only form of income, he or she will not qualify for a Golden State Stimulus II payment, even if they meet every other eligibility requirement.
If you think that you qualify but have not received a Golden State Stimulus II payment, the state expects to issue the stimulus checks through the beginning of next year.
The Golden State Stimulus I
Gov. Newsom signed a legislative relief package on Feb. 23, 2021, that authorized the Golden State Stimulus I to aid the households in California that had faced a disproportionate economic burden due to the COVID-19 pandemic, including those with incomes below $30,000, as well as those who did not receive federal stimulus relief.
The program provided $600 in one-time payments to the households that received the California Earned Income Tax Credit for 2020. The GSS also provided $600 one-time payments to the taxpayers who failed to receive federal reliefs by filing with ITINs. The Golden State Stimulus I stimulus checks are available to the residents with ITINs and earnings below $75,000 and ITIN taxpayers with earnings below $30,000. They also qualify for the California Earned Income Tax Credit and would receive a total of $1,200. The payments will be distributed to the residents right after they file their 2020 taxes. This payment is not similar to the Golden State Stimulus II.
If you qualify, all you have to do to receive the Golden State Stimulus I payment is to file your 2020 California State tax return!
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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.
What If I Owe Money
The California Franchise Tax Board says the Golden State stimulus payments are not subject to be offset for debts owed to the Franchise Tax Board or other government agencies.
The only exceptions are orders in connection with child support, spousal support, family support, or criminal restitution payable to victims.
If you believe your Golden State Stimulus payment that was deposited to your financial institution has been levied or frozen in error, you need to contact your financial institution.
Keep in mind, the Golden State Stimulus is not the same as the federal IRS stimulus payment.
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From 2019 to 2020, the poverty rate in California fell from 16.2 percent to 12.3 percent.
Experts have attributed much of this decrease to federal pandemic-relatedaid like stimulus checks and enhanced unemployment insurance.
In the coming weeks as the state wraps up the distribution of its own stimulus checks. Early next year, researchers will be able to evaluate whether measures to help low-income residents had the same poverty alleviation effects as those passed by the federal government last year.
How Is California Paying For The Plan
The money for the new round of tax rebates and other provisions will come from a massive budget surplus which is thanks to the taxes paid by rich Californians who generally did well during the pandemic. The state had been predicting a budget shortfall of more than $50 billion, but the state found itself over $75 billion in the black.
Newsom is expected to present his proposal to the state legislature on Friday. State lawmakers will then begin negotiations on the newly revised state budget with deadline of 15 June to pass it.
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How To Determine The Size Of Your Third Stimulus Check
To determine how much money you may get, start with the base amount of $1,400 if youre single or $2,800 if youre joint filers. Then add on $1,400 for any dependents.
Your credit may be reduced depending on your AGI. The amount is reduced if your AGI is more than $150,000 if youre married filing jointly, more than $112,500 if youre head of household, and more than $75,000 if youre a single filer. Youll receive no credit if your AGI exceeds $160,000, $120,000 or $80,000, respectively.
The IRS will also decrease your payout by the amount of your third stimulus check and any plus-up payments you got. Cant remember the size? Check your mailbox. The government sent out Notice 1444-C and Letter 6475 with information about the total amount of your third stimulus check.
If you received a joint payment with a spouse, you each got your own letter showing half the total amount. If you cant find the letter, you can visit your online IRS account and find details about your stimulus checks under the under the Tax Records section.
Remember: You have to put the right amount on your tax form if you want to get that extra money, especially given the recent turmoil at the IRS.
If you dont put any at all that you received or you put the incorrect amount, its going to hold up processing of your return Greene-Lewis says.
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Gann proposed implementing a cap on state spending: If Californias expenditures neared a certain threshold , the state would have to return funds to taxpayers in the form of a rebate.
Voters in 1979 overwhelmingly approved the measure, known as the Gann limit, and later amended the law to allow some of the excess revenue to also go toward funding education.
Read our stimulus checks live blog for the latest updates on Covid-19 relief
Per the New York Times, California has a record $76billion budget surplus for the current fiscal year and is projecting $31billion in excess revenues for the fiscal year that begins in July.
In January, Newsom announced the Golden State Stimulus, and a few months later, the state began distributing roughly $12billion among Californians who make $75,000 or less annually.
Now, the states Legislative Analysts Office predicts that California will have a $31billion surplus for the budget year that begins July 1, 2022.
Exactly how Newsom will avoid crossing the Gann limit this time wont become apparent until he releases his budget proposal in January.
Im very proud of the historic tax rebate, Newsom said during a news conference last month.
And I look forward to making the decision that I think is in the best interests of 40 million Californians.
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Do I Qualify For Money Back
The Golden State Stimulus gives a one-time payment of $600 or $1,200 to low-income Californians.
To qualify, you must:
- have earned income and file your 2020 taxes
- be a California resident on the date payment is issued
- not be eligible to be claimed as a dependent
- be either a CalEITC recipientOR an ITIN filer who made $75,000 or less
Who Are The Recipients Of California Stimulus Check For Ssi Recipients
California stimulus check for SSI recipients will be $600 and an additional $500 for dependents who qualify. They will need to meet basic requirements and submit information on additional income sources with a gross income that is between $1- $75,000 on the returns filed in 2021. The Social Security payment is not considered when calculating your adjusted gross income.
California stimulus check for SSI recipients should also meet the following criteria. They should have been a resident of California for the greater part of 2021. They should continue to live in California and possess a Social Security number or an ITIN number.
Such a claimant should also not be applied as dependent by any other taxpayer. They should also have filed their 2020 taxes on or before October 15.
Those who have only their Social Security as their basis of income are not eligible for GSII payment. This rule comes under the eligibility requirement of California. Several other categories of income also are not included from the adjusted gross income including CalFresh and CalWorks benefits, State Supplementary Payment, Supplemental Security Income, Immigrants Cash Assistant Program, VA disability, Disability Insurance, and unemployment.
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How Much Money Will I Get From Golden State Stimulus Ii
You can use the Franchise Tax Board calculator to estimate the amount of your GSS II. If you qualified for GSS I and claimed a credit of at least one dependent, youll get $500. If you didnt qualify for GSS I and didnt claim credit for dependents, youll get $600. Meanwhile, if you werent eligible for GSS I payments but claimed credit for at least one dependent, you could get $1,100. If you were eligible for the GSS I payment but didnt claim a dependent credit, you dont qualify for GSS II.
California Stimulus Checks: Final Round Being Distributed
The final round of the Golden State Stimulus II payments is being mailed out to qualifying California residents. Families that met the eligibility requirements receive $600 plus $500 for dependents.
With this final round of payments, California has now issued more than 8 million checks and deposits, valued at more than $5.9 billion.
The second round of stimulus checks for California residents was part of Gov. Gavin Newsom‘s $100 billion budget that he signed into law in July. As part of the plan, the state expected to provide billions in coronavirus relief to 15.2 million California households or about two-thirds of the state’s taxpayers.
“The Golden State Stimulus is key to lifting up those hit hardest by the pandemic and supporting Californias economic recovery, putting money directly in the hands of folks who will spend it on basic needs and within their local communities,” Newsom said in a statement at the time.
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Eligible recipients include current California residents who lived in the state for more than half of the 2020 tax year and individuals who earned $75,000 or less in 2020.
Taxpayers filing with an Individual Taxpayer Identification Number who have applied for but have not received their ITIN by October 15, 2021, have until February 15, 2022, to file their return and still be eligible for GSS I and GSS II.
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