California’s Golden State Stimulus: Are More Checks Coming in 2024?

Arnia
4 Min Read

The state of California has made efforts to support low-income families affected by the COVID-19 pandemic. One of the ways they did this was through the Golden State Stimulus Checks. These checks provided financial relief to those in need. Let’s look at what these checks were, who got them, and the current status of any new checks.

What Were the Golden State Stimulus Checks?

The Golden State Stimulus Checks were payments given to eligible Californians to help them during tough financial times. There were two phases of these payments:

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GSS-I: Payments ranged from $600 to $1,200.
GSS-II: Payments ranged from $500 to $1,100, depending on the person’s eligibility.

Who Was Eligible for the Stimulus Checks?

To get these payments, people had to meet certain requirements.

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For GSS-I:

  • U.S. citizens or residents with an Individual Taxpayer Identification Number (ITIN).
  • Individuals with an annual income of less than $75,000 who filed their previous year’s tax return.
  • Married couples with a combined income of less than $150,000.
  • Heads of households with incomes under $112,500.

For GSS-II:

  • Similar to GSS-I, but with some differences in income limits and rules for dependents.

Is There a New Stimulus Check for 2024?

As of now, there are no new announcements about a Golden State Stimulus Check for 2024. While some sources might talk about possible future payments, it’s important to wait for official news from the Franchise Tax Board (FTB) of California.

What Could Future Eligibility Look Like?

If a new stimulus program is announced, the rules might be different. Here are some possible criteria based on past programs:

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Income Thresholds:

  • Individuals earning less than $75,000 annually.
  • Couples earning less than $150,000 annually.
  • Heads of households earning less than $112,500 annually.
  • Families with different thresholds based on the number of dependents.

Filing Requirements:

  • Must have filed tax returns for the relevant year.
  • Must have valid ITIN or Social Security numbers.

Important Facts About GSS 2024

There is no confirmed news about a new Golden State Stimulus Check for 2024. Any updates will be posted on the official FTB website. To stay informed, regularly check the official website and subscribe to any official newsletters or alerts from the FTB.

The Golden State Stimulus checks were a big help to many Californians during the pandemic. Right now, there are no new plans for stimulus checks in 2024. Always check the official Franchise Tax Board website for the latest information and updates.

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1. What were the amounts for the Golden State Stimulus Checks?

GSS-I payments ranged from $600 to $1,200, and GSS-II payments ranged from $500 to $1,100.

2. Who was eligible for the GSS-I checks?

U.S. citizens with ITIN, individuals earning less than $75,000, married couples earning less than $150,000, and heads of households earning less than $112,500.

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3. Are there new Golden State Stimulus Checks for 2024?

No new announcements have been made about Golden State Stimulus Checks for 2024.

4. Where can I find official updates on stimulus checks?

For accurate information, visit the official Franchise Tax Board website of California.

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5. What should I do if I see news about new stimulus checks?

Always verify any claims through official government sources before making decisions based on speculative information.

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By Arnia
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A Certified Public Accountant specializing in personal finance and taxation. Arnia engaging writing style and deep understanding of tax codes make her articles a must-read for individuals seeking to maximize their tax savings.
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