California stimulus checks: How to track your $600 Covid payment as MILLIONS sent out
CALIFORNIA residents can track their $600 Covid payments after millions were sent out.
The first wave of Golden Gate stimulus checks is now going out to qualified Californians, straight to bank accounts and in the mail from the state's Franchise Tax Board.
It is part of the state's $7.6billion coronavirus relief package or $1,200 stimulus payments to qualifying state residents who qualify.
But the Franchise Tax Board (FTB) said the payments were going out twice a month for those who have filed eligible 2020 tax returns.
If you did this between January 1 and March 1, the FTB has processed your return and you will receive your stimulus payment after April 15.
To qualify for the stimulus you must:
- Have already filed your 2020 taxes
- Have made $75,000 or less
- Have lived in California for more than half of the 2020 tax year
- Be a California resident on the date of payment
- Not be eligible to be claimed as a dependent
- You must include your ITIN on your tax return. You are eligible if you file on or before October 15, 2021.
The paper check may take four to six weeks to arrive for this group.
If you filed your state taxes after March 2, it can take up to 45 days for you to receive your payment as a direct deposit and 60 days for a mailed check.
It will be expected for these payments to start rolling out in late May and early June.
California has a wait-time website to give you an idea how long the FTB is taking to process tax returns.
Those with questions about their stimulus checks can contact the board over the phone or talk to a representative on their website.
The state's plan supersedes the third stimulus package by one month.
The California Policy Lab found that over an estimated 2million low-income citizens are missing out on over an estimated $5.7billion in possible stimulus payments.
The stimulus plan is mostly intended for those already on some sort of financial aid package, specifically those who have been most impacted financially by the Covid-19 pandemic.