California is going to give low-income people a special $12,000 stimulus check in 2024. The goal of this cash aid is to help people and families pay for important things. Unlike other national stimulus payments, this one is only for people in California.
What You Need to Know
The Franchise Tax Board (FTB) is in charge of this one-time payment of $12,000. It’s meant to help families with low incomes who are having a hard time making ends meet. The payments should begin in 2024.
Details:
- Managed by: Franchise Tax Board (FTB)
- Benefit: New Stimulus Payments
- Amount: $12,000
- Payment Date: June 2024
- Website: irs.gov
Who Can Get the $12,000?
To get the $12,000 stimulus check, you need to meet these requirements:
Income Limit: You must have earned less than $63,398 in 2023.
Federal Tax Credit: You should qualify for the Federal Tax Credit.
California Earned Income Tax Credit (CalEITC): If you earned $30,931 or less, you might qualify for additional support up to $3,529 if you have three children.
Child Benefits: The payment amount depends on how many children you have:
- Three or more children: $7,400
- Two children: $6,600
- One child: $4,000
- No children: $600
Also See:- New Claim Alert: $4875 + $2600 for SSI, SSDI, and VA in 2024 – Full Details and Eligibility Criteria
When Will You Get Paid? Payment Dates
From 2024 on, the FTB wants to send out the $12,000 checks. But these times have not yet been officially confirmed. Visit their website often to find out the exact times and any new information.
How to Claim Your Check
Here’s how you can claim your $12,000 stimulus check:
- Check Eligibility: Make sure you meet the income and tax credit requirements.
- Gather Documents: You’ll need your Social Security number and income statements.
- File Your Taxes: Complete your state and federal tax returns accurately.
- Wait for Review: The government will review your tax returns to confirm if you qualify.
- Receive Payment: Once approved, you’ll get your payment via mail or direct deposit.
- Submit Claims: If you don’t receive your payment, you can submit a claim for the tax credits.
Is the $12,000 Stimulus Check Real? Fact-Checking Eligibility Claims
A $12,000 stimulus check has been talked about a lot, but the IRS hasn’t confirmed it. Some reports say that people who are qualified could get a total of $12,000 in tax credits. The Federal Earned Income Tax Credit (EITC), the Young Child Tax Credit (YCTC), and the California Earned Income Tax Credit (CalEITC) are all part of this.
The IRS hasn’t said anything about the new $12,000 check. During the COVID-19 pandemic, the IRS gave out three smaller stimulus checks. However, there’s still no proof of a new $12,000 check for everyone.