The stimulus check financial aid payment that is currently getting distributed in the state of California, is a part of the recovery plan of the Democratic state governor. It got the approval of the state legislature in the summer. The first batch of the stimulus check financial aid payments got dispatched in the state of California. It was done this week. It has been stated that a total of 600,000 residents received the money provided by the officials of the state. Another batch of the money is to be distributed in the coming week. This statement was made by the Franchise Tax Board of the state on the 9th of September.
Stimulus Check Insights
The state residents will receive the money through the medium they choose while filling their options for the tax returns. The ones who went for direct deposit will directly receive the money in their bank accounts. And the ones who selected the mail option will receive it accordingly. Those residents who received an extra amount of the refund will also receive the stimulus checks financial aid payments by paper checks mail.
As per the eligibility conditions, the gross income must be somewhere between 0 to 75,000 USD for the tax year 2020. Along with that, the person must have been a resident of California in order to receive the stimulus check financial aid payments for over 50% of the tax year 2020. And the dependent must either be a qualifying relative or a qualifying child.
The California Franchise Tax Board has updated the official website in order to make it easy for the receivers to track their share of the financial aid payments. The ones who filed the tax returns after the deadline that was provided, that is the 20th of August, will receive the stimulus check financial aid payments a little later.