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MILLIONS of eligible Americans will receive a second round of the Golden State Stimulus II payment valued at $ 1,100, the California Franchise Tax Board has announced.
Payments, released on Friday, September 17, will reach direct deposit recipients first.
DO I QUALIFY?
To be eligible for the second round of payment, you must file your 2020 taxes by October 15, 2021 and have resided in California for more than half of the 2020 tax year and on the date the payment is issued.
Your adjusted gross income in California must be $ 1 to $ 75,000 for the 2020 tax year or a salary of $ 0 to $ 75,000 for the 2020 tax year.
Golden State’s first round of payments on August 27 released 650,000 payments, intended for low-income California residents.
A total of $ 12 billion in out-of-pocket payments is expected to go to qualifying residents, benefiting about two in three Californians.
Those who qualify normally receive an additional $ 600 or $ 500 depending on their income and the number of dependents.
Residents who do not claim dependents and did not receive the first set of payments can receive $ 1,100 for the second stimulus payment.
‘MORE REVIEWS’
Payments will arrive in bank accounts by direct deposit on September 17, followed by mailed checks, arriving a few days later.
The authorities are calling for patience as payments could be delayed.
Read our live blog on Stimulus Controls for the latest updates on relief from Covid-19 …
They “may need further investigation depending on the situation or the information we have.”
“This could include address changes, bank account changes, etc.,” reads an article posted on the tax agencies’ website.
Governor Gavin Newsom said the extra money should help residents of the state who suffered financial hardship during the Covid-19 pandemic to get back on their feet, including low-income parents and the self-employed.
Incentive funds are also provided to artists in New York and teachers in Tennessee.
Up to 2,000 artists will receive checks worth up to $ 5,000 and payments are expected to be sent by October.
In Tennessee, stimulus checks of $ 1,000 will be sent to teachers before the end of the year.
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