Will you receive a check? Latest round of $ 600 stimulus payments in California due by January 11

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The latest round of $ 600 payments issued by California will conclude the state’s pandemic stimulus package by Jan.11, the Franchise Tax Board said on Wednesday.

The 180,000 payments in this latest round, valued at around $ 127 million, began in late December and will continue through January, the agency said in an email on Wednesday. A previous round of 794,000 GSS II payments worth approximately $ 568 million was made between December 13 and 31.

Since late August, the Golden State Stimulus II program has issued some 8.2 million checks and direct deposits valued at just over $ 5.9 billion.

The program is part of Governor Gavin Newsom’s pandemic stimulus package. The $ 600 payments were intended for middle-income California residents who earn less than $ 75,000 in adjusted gross income. Eligible families received an additional $ 500 for dependents.

3 reasons: Why Congress Should Continue Stimulus Payments For The Rest Of The Pandemic

At the start of the program, most of the stimulus payments were distributed by direct deposit for residents who filed their 2020 taxes electronically and provided a bank account for filing the tax return.

But some eligible recipients never received a direct deposit and wondered if a payment would actually be made.

The state also launched another pandemic program called Golden State Stimulus I, aimed at low-income residents who earned less than $ 35,000 in AGI.

What you need to know about the $ 127 million in relief

We have asked the Franchise Tax Board to keep us updated on the current status of the program. Media Liaison Andrew LePage with FTB offered these responses:

Question: How many payments were made in December, before January 1, 2022?

Responnse: Between December 13 and 31, approximately 794,000 GSS II checks worth over $ 568 million were mailed and approximately 9,000 direct deposits worth approximately $ 6.1 million were issued December 10.

Last round: between December 27 and January 11, 2022, the state should send around 180,000 GSS II checks. In addition, on December 24, the state issued approximately 1,400 GSS II direct deposits. Together, the approximately 181,400 GSS II payments from the last cycle are valued at approximately $ 127 million.

Question: How many payments will be made in 2022?

A: The last scheduled round foresees that GSS II payments will be mailed between December 27 and January 11. A relatively small number of payments will continue to flow after January 11. (More details below.)

Question: Total amount of payments made since the start of the GSSII program?

A: In the last cycle, the state issued or announced a total of over 8.2 million GSS II checks and direct deposits worth just over $ 5.9 billion.

At this point, the vast majority of GSS II payments have been issued or announced.

Recently we used a very rough estimate of a total of 8.5 million GSS II payments when all were issued. The latest trends indicate that the final total could be between 8.3 million and 8.4 million GSS II payments.

Question: Any leftovers to note?

A: FTB continues to process a relatively small number of tax returns that, for various reasons, require additional processing to ensure eligibility, and an unknown number of ITIN filers have until February 15, 2022 to file their state return for be eligible for GSS. . These are ITIN filers who did not have an ITIN but had applied for one before the tax filing deadline of October 15, 2021.

Verify Your Postal Code: According to the GSS II website, the distribution schedule for the past week is heading to residents with postal codes ending in 928-999.

Here is the fine print

To be eligible for payments, residents must:

  • Report 2020 taxes by October 15, 2021;

  • Have an adjusted gross income of $ 1 to $ 75,000 for the 2020 tax year;

  • Be a resident of a state for more than half of the 2020 tax year;

  • Be a resident of the State on the date the payment is issued;

  • Cannot be claimed as a dependent by another taxpayer;

  • A dependent is an eligible child or eligible parent.

As previously stated, those whose income is derived solely from benefits such as Supplementary Security Income (SSI) and State Supplementary Payment (SSP) and the Immigrant Cash Assistance Program (CAPI) are excluded from payments are excluded from payments. ), Social Security, CalWorks, Unemployment, State Disability Insurance (SDI), and VA Disability.

For an estimate of your California stimulus payment, go to ftb.ca.gov.

This article originally appeared on The Record: Where’s Your Stimulus Check? Latest round of upcoming $ 600 payments

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