New round of the Golden State check will be issued next week

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New round of the Golden State check will be issued next week
  • A new round of the so-called Golden State check will be shipped next week.
  • The Golden State check pays $ 600 to people who qualify for the benefit.
  • Many Californians have already benefited from the state’s stimulus payment for the pandemic crisis.

More money on the way in times of crisis. California will distribute a new round of the Golden State stimulus check to eligible residents next week, the California Franchise Tax Board said on Thursday, according to the local newspaper Ktla 5.

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In the first batch of this expansion of the stimulus program, which was disbursed on August 27, about 600,000 payments for an estimated total value of $ 354 million were deposited into the bank accounts of qualified individuals, the newspaper said.

They will issue a new round of the Golden State check

 golden state check

The amount of payments in the next round will be much higher, with around 2 million scheduled to be issued on September 17, Franchise Tax Board spokesman Daniel Tahara told Ktla 5.

In general, the state of California anticipates issuing stimulus checks every 14 days, although there may be times when payments are made before or after two weeks, Daniel Tahara said, according to the report.

Golden State II check will arrive as direct or physical deposit

golden state check

The first few rounds are sent via direct deposit to individuals who have their bank account information on file with the state tax agency. And for those who normally receive their state tax refund in the mail, it is estimated that physical checks will begin shipping on October 5, Tahara said. Checks will take up to three weeks to arrive once they are sent.

However, some payments may be delayed, the state warned, because “they may need further review depending on the situation or the information we have,” said the website of the Franchise Tax Board. “This could include address changes, bank account changes, etc,” he mentioned.

Two out of three Californians will benefit

 golden state check

A total of $ 12 billion in direct payments is scheduled to go to qualifying residents, benefiting about two in three Californians, according to data evaluated by the state.

The money was included in California’s recently approved $ 100 billion budget and is intended to help residents who were severely financially affected during the COVID-19 pandemic. The state’s stimulus plan relies on federal coronavirus recovery funds to partially cover the cost.

Those who qualify for the Golden State II check

 golden state check
Photo: Shutterstock

California’s second stimulus program now expands stimulus payments from Golden State I, which came out earlier this year. Under the Golden State II check, qualified individuals who earned $ 75,000 or less last year may be eligible to receive up to $ 600, and an additional $ 500 for those with at least one dependent, Ktla 5 explained.

Some Social Security recipients may also be eligible for the Golden State II payment, as long as Social Security is not their only form of income and they have an adjusted gross income of $ 75,000 or less (Social Security income is not included in AGI: adjusted gross income).

You can still apply to receive the Golden State II check

 golden state check

Additionally, Californians who received the previous Golden State I payment could get another check if they previously claimed dependents, Ktla 5 said, adding that California is using 2020 tax returns to determine who will receive the Golden State II stimulus and for how much quantity.

Therefore, taxpayers eligible for the payment are urged to file their 2020 return before Wednesday, October 15, 2021, which is the deadline to receive a stimulus check. Residents who are unsure whether or not they qualify are also encouraged to use the estimation tool at Internet to verify your options.

One-time payments of $ 15,600 coming this month for excluded workers in New York

check 100 dollars
Photo: Shutterstock

More money could be on the way in another state. One-off payments of $ 15,600 for workers excluded from other economic benefits in New York would be delivered this month, various media reported this week.

During the spring, New York State approved one-time stimulus payments of $ 15,600 for excluded workers who lost their jobs during the coronavirus pandemic. Finger Lakes 1 Tuesday, September 7.

One-time payments of $ 15,600

one-time payments
Photo: Shutterstock

Those one-time payments are part of a $ 2.2 billion program for people who did not receive stimulus payments through the CARES Act or the American Rescue Plan because of their citizenship, the aforementioned outlet said.

Republicans criticized the bill at the time, but it was eventually passed and turned into a law that provides significant stimulus payments to hundreds of thousands of people in New York state, Finger Lakes 1 explained.

Who qualifies for one-time payments in New York?

one-time payments
Photo: Shutterstock

It was included in the state budget, which was approved and adopted in April. Although it was criticized for being too expensive to implement, its inclusion in the budget meant that the bill was ready to happen regardless of individual problems with it, said the aforementioned portal.

Now many will be wondering: who qualified for the one-time stimulus payments for excluded workers? And one answer is: those who live in New York and do not have resident status, but made less than $ 26,208 in 2020, are eligible for the aid.

One-time payments would be delivered before the end of the month

What are the next dates for delivery of Child Tax Credit checks
Photo: Shutterstock

According to Finger Lakes 1, the state said in a recent update that $ 250 million in those benefits had already been released. He added that an additional $ 600 million is undergoing final verification for applicants and must be turned in before the end of the month.

The state also indicated that 90,000 New Yorkers had applied for the Excluded Worker Program. “The COVID-19 pandemic is not over yet, and as we continue our rebuilding and recovery work, we know that people are still in need,” Governor Kathy Hochul said in a statement at the time.

Governor defends one-time payments in New York

one-time payments

The regional president added: “The Excluded Workers Fund is a critical lifeline for thousands of New Yorkers who were an integral part of keeping our state running during the worst moments of the pandemic, and that is why I have lobbied to make sure we remove money out the door as soon as possible. This is an important first step: payments are ahead of schedule to give these people the financial relief they need and deserve. ”

Finger Lakes 1 recalled that approved applicants receive one of two benefit amounts based on the level of work eligibility documentation they provide, in addition to verifying their identity and residency. Tier 1 qualifiers receive $ 15,600 and Tier 2 qualifiers receive $ 3,200. To date, funding has been approved for more than 10,000 applicants, with nearly 40,000 more in the final approval phase. Of them, 99 percent have qualified for Level 1 benefits, the portal also specified BGR. Approved applicants receive a one-time payment on a prepaid card mailed to the address provided on the application. The cards allow you to withdraw cash or make purchases in stores.

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