Starting next week comes the second round of stimulus payments in California


The next round of the California stimulus payment will be delivered from next week.

The state Franchise Tax Board indicated that, if qualified, Payments ranging from $ 500 to $ 1,100 will be sent by direct deposit or paper check in two week increments.

Stimulus payments go to California families hardest hit by the coronavirus pandemic.

Governor Gavin Newsom stated that approximately two-thirds of California residents will be eligible for payments of $ 600. Families with children will receive an additional $ 500.

You may aslo like  House of Representatives Approves One-Week Extension to Negotiate Stimulus Package | The opinion

To qualify, individuals must have earned a gross income of between $ 0 and $ 75,000 during fiscal year 2020, have lived in California for at least half of that tax year, be a California resident on the date the payment is issued, and cannot be claimed as a dependent by another taxpayer.

It will be the second round of the “Golden State Stimulus II”.

In case of having received money in the first round of the Golden State stimulus, no resources will be obtained for the Golden State II stimulus.

State officials anticipated that payments will begin to be delivered in September 2021.

If qualifying, families they will only have to file a complete tax return for 2020 to receive payment from the GSS II.

You may aslo like  Clearview AI sued in California by immigrant rights groups, activists

To obtain an estimate of the amount of money for the stimulus that you can receive, you can visit the site www.ftb.ca.gov.

It may interest you:

Stimulus check: IRS has released more than $ 400 billion since March 2020

.



Source link

Leave a Comment

Your email address will not be published.

Scroll to Top