California
California Stimulus Payment 2024: How can you claim the inflation relief payment?
Fiscal stimuli can be a lifeline for many low-income families. For this reason, the Government of California implemented the payment of inflation relief for eligible taxpayers who meet the established requirements. Continue reading to find out how to get this check.
The stimulus payment is a one-time payment of $1,200 for taxpayers who also qualify for the California Earned Income Tax Credit (CalEITC). This program aims to support low-income residents of the state and help alleviate the financial hardships left by COVID-19.
To be eligible, you must have filed your 2020 tax return. You must be eligible for the CalEITC or have filed your taxes with your Individual Taxpayer Identification Number (ITIN). You must have resided in California for at least half of the 2020 tax year and reside in the state on the date payments are issued.
You must not be declared as a dependent by another taxpayer. Your adjusted gross income (AGI) must be less than $75,000.
What to do to receive the stimulus payment?
Most taxpayers who qualify for the program do not have to do anything special to receive their deposit. Having filed your 2020 taxes and meeting the requirements for the CalEITC is enough to be eligible for the stimulus.
The payment date will depend on when you filed your 2020 taxes. Those who filed their return between January 1 and March 1 will receive their payment starting April 15.
Those who filed their return between March 2 and April 23 will receive their stimulus starting May 1. There is no exact payment date for those who filed their return after April 23, but they could arrive as early as 45 days after their return has been processed.
Payments will be made by direct deposit to the taxpayer’s account or by paper check that will be sent to their tax address in California.