The best way to prepare for the Stimulus Check is by tracking your spending and saving habits throughout the year so that when it comes time to file taxes, you have enough documentation available to help estimate what kind of payment you could expect from this program.
The exact date is unknown at the moment, but we’ll be sure to let everyone know once it’s been announced!
Stimulus Check For Golden State
When California’s economic stimulus checks arrived in people’s mailboxes last week, they were supposed to help prop up the state’s faltering economy. But instead of making it into their intended hands, a large number of them have gone astray.
When I say “astray,” I mean that the checks have been sent to the wrong bank accounts, meaning some families are not receiving their money at all while others are getting double-paid because they’ve received two checks. In a situation like this one—where people are being denied money they’ve earned—it makes sense that tempers would flare and accusations fly about who is responsible for such an error: The banks? The state? Both?
California’s stimulus checks are being sent to the wrong bank accounts.
The checks are being sent to bank accounts that do not belong to the recipients. They belong to people who have the same name as the recipient, but are not related in any way. The DMV did not verify whether or not these people actually owned those bank accounts before sending them out as part of California’s stimulus program. There is no easy way to fix this problem since it is happening so quickly and there isn’t enough time for people at the DMV or other agencies involved with California’s stimulus program to make sure that each check goes where it was intended (i.e., into an account owned by its rightful owner).