Golden State Stimulus FAQs

 

 

California recently enacted a coronavirus relief package providing much-needed relief to the state’s small businesses and stimulus payments to  residents with low income. The new law will give eligible California residents a $600 or a $1,200 one-time payment.  To learn more about the Golden State Stimulus visit Golden State Stimulus  FTB

Watch our webinar about Golden Stimulus:https://youtu.be/cVbSDTBSY_Q

 

  • What is Golden State Stimulus?

    This is a one-time $600 or $1,200 payment per tax return. You may receive this payment if you receive the California Earned Income Tax Credit (CalEITC) or file with an Individual Taxpayer Identification Number (ITIN). The Golden State Stimulus aims to support Californians with a low income. 

    • Who qualifies for the Golden State stimulus check?

    Anyone making less than $75,000 a year will be eligible for $600 checks. Taxpayers without children can get $600 while those with children can qualify for $1,100. 

    • Do I need to do anything to receive the stimulus payment?

    No.  If you already filed your 2020 taxes and received a CalEITC refund, you will automatically be issued the payment via direct deposit or check.     

      • How much will I receive?

      There are currently two stimulus payments.

      Golden State Stimulus I

      1) $600 payment to taxpayers with a Social Security Number who qualified for CalEITC (making $30,000 or less);

      2) $600 payment to qualified ITIN filers making $75,000 or less;

      3) $1,200 payment to qualified ITIN filers who also qualified for CalEITC.

      Golden State Stimulus II:

      1) $600 payment to taxpayers with a Social Security Number making $75,000 or less who did not receive a first payment;

      2) $1,000 payment to qualified ITIN filers making $75,000 or less and have one or more dependents.

      3) Additional payment for families with dependents: Qualified families who file with a Social Security Number with one or more dependents are eligible for an additional $500.

         

            • When will I receive the Golden State Stimulus I payment?

            If you filed your tax return between January 1, 2021-March 1 2021: You will receive your stimulus payment beginning after April 15, 2021.

            If you filed your tax return between March 2, 2021-April 23, 2021: You will receive your stimulus payment beginning after May 1.

            • Direct deposits: Allow up to 2 weeks
            • Paper checks: Allow up to 4 to 6 weeks for mailing

            If you filed your tax return after April 23, 2021:

            • Direct deposits: Allow up to 45 days after your return has processed
            • Paper checks: Allow up to 60 days after your return has processed
            • Is there a deadline for submitting my tax return?

            To make sure you receive your payment, file your 2020 tax returns by October 15.

            • Who qualifies for Stimulus Payment II?

            If you qualify, you only need to file a complete 2020 tax return to receive the Golden State Stimulus II payment. To qualify, you must:

            • File your 2020 taxes by October 15, 2021
            • Have a California Adjusted Gross Income (CA AGI) of $1 to $75,000 for the 2020 tax year. For this information refer to:
              • Line 17 on Form 540
              • Line 16 on Form 540 2EZ
            • Have wages of $0 to $75,000 for the 2020 tax year
            • Be a California resident for more than half of the 2020 tax year
            • Be a California resident on the date payment is issued
            • Cannot be claimed as a dependent by another taxpayer
              • A dependent is a qualifying child or qualifying relative. Go to FTB Publication 1540 for more information about a qualifying child and qualifying relative
            • When will the Stimulus II payments be issued?

            The Franchise Tax Board anticipates issuing payments around September 2021   

            • Need more information?

            Visit Help with Golden State Stimulus for more information.