'Golden State Stimulus' Payments Now Being Sent Out To California Residents

In February, Gavin Newsom announced that qualifying Californian's would receive a $600 payment called the 'Golden State Stimulus.'

According to the Federal Tax Board (FTB), to qualify you must:

  • Have filed your 2020 taxes
  • Be either a CalEITC recipient or an ITIN filer who made $75,000 or less (total CA AGI)
  • Live in California for more than half of the 2020 tax year
  • Be a California resident on the date payment is issued
  • Not be eligible to be claimed as a dependent

No action is needed if you qualify to receive payment.

Payments are dependent on when you file your 2020 tax returns.

  • Taxes filed between January 1st and March 1st:
    • Payments begin April 15th
  • Taxes filed between March 2nd and April 23rd:
    • Payments begin May 1st
  • Taxes filed after April 23rd:
    • Payments begin 45 days after your return has been processed

More information available here.

Photo Source: Getty Images

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