Between now and New Year’s Day, 900,000 stimulus checks will be sent to Californians, each worth up to $1,100. The Golden State Stimulus II program has already sent out more than 7.3 million payments totaling $5.1 billion, according to The Sun. It was also said that their ZIP code would determine when their payments are sent.
Golden Stimulus II Program
All eligible taxpayers will receive their pandemic aid payments through Golden State Stimulus II, which began distributing them in early September. Qualifying dependents will receive an additional $500 in financial assistance. The GSII program, funded by federal and state pandemic aid, is open to anyone making less than $75,000 in adjusted gross income in 2020. In the same vein, Golden State Stimulus I was designed for residents making less than $35,000 per year.
With the Golden Gate Stimulus, a $3.8 billion package passed by the California legislature in February, the state’s residents have received stimulus payments. In July, Governor Gavin Newsom signed a $100 billion economic stimulus bill into law.
Depends On The Zip Code
Low-income residents were the first to receive the Golden State Stimulus check. According to The Fool, if you live in California, you can expect a refund on your 2020 tax return rather than a direct bank deposit. The final round of direct deposit payments began on Friday, December 10, with a total value of $575 million.
Only 9,000 checks were direct deposits, and the remaining 794,000 checks were paper checks sent to eligible households in this batch. According to MARCA, the Golden State Stimulus II payments started in October and will continue until January 11, 2022. On a fortnightly basis (every two weeks), these payments are sent out, and the time they arrive at your door depends on your ZIP code.
Payments will be sent to Californians whose ZIP codes end in 720 or 927 between December 13 and 31. January 21 is the target date for receipt of stimulus payments. From December 27 to January 11, payments will be made to those with ZIP codes 928-999. It’s expected that most Americans will receive their money by February 1.
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