California Stimulus Payment Date 2024, Know Eligibility & Deposit Dates (2024)

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California Stimulus Payment Date 2024: The Franchise Tax Board initially started the Scheme to aid the financially unstable people of California. This initiative aims to provide financial support to residents who earn low incomes. In this program/scheme, the California government provides $12,000 to all eligible unstable people of California to manage their daily expenses well with complete satisfaction. It is economic relief funds that will be soon released by the authority.

For more details on the California Stimulus payment check, follow the article mentioned below.

California Stimulus Payment Date 2024 Overview

You can check the overview table mentioned below to learn more details on this stimulus payment scheme.

California Stimulus Payment Date 2024

The Franchise Tax Board manages the one-time stimulus payment of $12,000. The date to release the payment will soon be announced by the authority. After the release of this payment, it will be circulated in the bank accounts of the registered people of California. The main purpose of this scheme is to provide financial help to low-income families that can not satisfy their daily needs. Keep this thing mind, the FTB has launched a scheme in which it will provide a one-time payment of $12,000 to all unstable and registered people of California. To become a member of this scheme, people must meet all criteria specified by the authority.

How to claim a $12,000 stimulus check

Once the authority announces the California Stimulus Payment Date 2024, interested people can check the steps mentioned below to claim the $12,000 stimulus check.

• Step 1: First of all, you need to check your eligibility criteria in order to become eligible for this scheme.
• Step 2: After meeting all eligibility criteria, collect all the documents like social security numbers, bank statements, etc.
• Step 3: Now, try to complete your state & federal tax returns so that you can claim your stimulus payments.
• Step 4: After that, the Government of California will review your tax returns and check whether you qualify for the scheme or not.
• Step 5: After getting approved by the government, it will issue stimulus payments directly to the taxpayers via mail orders or bank accounts.
• Step 6: You must check your $12,000 stimulus check once received. Otherwise, you can claim for tax credits.

California Stimulus Payment Date 2024: Eligibility Criteria

In order to become eligible for the scheme, you must meet the eligibility criteria decided by the Government. We have mentioned the complete criteria for eligibility here. You can check and stay updated.

• In order to get the benefit of this scheme, applicants should earn below USD 63398 in 2024.
• The amount of this scheme will be different as it is based on the number of children of the applicant. Applicants with three to four children will get $7400 only.
• Applicants who have two children will get $6600 and those who have one child will get $4000. Those who have no kids will get $600 through this stimulus scheme.
• The resident of California with three children who earn $30931 or below this amount will get up to $3529.

California Stimulus Payment Date 2024 details

The FTB is all set to circulate a $12,000 stimulus payment check for the residents of California in 2024.

• Right now, the authority has not opened up about the payment release date.
• This scheme aims to reduce the increasing inflation rates effect responsible for increasing the rates of goods and services.
• The aim of this scheme is to provide better financial help to the people who earn low incomes.
• All registered people are advised to keep a sharp eye on the payment updates on the official website of the authority.

California Stimulus Payment Date 2024 link

Check out the links mentioned below to open the official website of the authority right from here:

California Stimulus Payment Date 2024