California stimulus update – nearly a million checks worth $1100 each being sent out through the New Year

NEARLY a million Covid stimulus checks worth $1100 each are being sent out to Californian residents through the New Year.

As the pandemic continues, one state is continuing to lend a helping hand to households who have been affected by the chronic coronavirus disruption — find out who gets one.

According to news reports, about 794,000 checks worth a collective $568 million are being mailed out to eligible state residents through December 31.

But only residents of California for more than half the 2020 tax year qualify.

This makes them distinct from the next wave of child tax credit payments poised to go out to millions of Americans in just a few weeks’ time. 

A salary of $30,000 to $75,000 per year qualified California residents to receive $600, and $1,100 for those with children under the age of 18.

The checks are part of the state’s Golden State II program thanks to the around $12billion in coronavirus relief approved by Governor Gavin Newsom. 

"The Golden State Stimulus is key to lifting up those hit hardest by the pandemic and supporting California’s 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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Those who qualify for the stimulus check will typically get it using the refund option selected on their tax return.

Direct deposits typically show up in bank accounts within a few business days, while paper checks can take up to three weeks to arrive.

Your California Adjusted Gross Income [CA AGI] must be between $1 to $75,000 for the 2020 tax year and your 2020 taxes must have been filed by October 15, 2021.

The state so far has sent out approximately 4.5 million Golden State Stimulus II payments. 

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