Golden State Stimulus 2024: All You Need to Know!

Hey Californians! Wondering if you’re in line for a new Golden State Stimulus check in 2024? We’ve got all the details you need right here! Let’s dive into what’s happening, what you might still be able to claim, and other financial aid options available.

Is There a California State Stimulus Check in 2024?

First things first—the big question on everyone’s mind! As of now, there are no new stimulus programs for 2024. But don’t worry! If you met the criteria but never received your previous Golden State Stimulus (GSS) payments, you might still be able to claim them. Additionally, there are other tax credits and financial aid programs that can help you save money!

What is the Golden State Stimulus?

The Golden State Stimulus was introduced to provide financial relief to low and middle-income families hit hard by the pandemic. There were two rounds of stimulus checks issued:

GSS I

Qualifying individuals and families received $600 or $1,200. The first payments were rolled out in April 2021.

GSS II

This was a second round of checks, starting in October 2021, with amounts ranging from $500, $600, to $1,100 depending on eligibility.

Who Is Eligible for the Golden State Stimulus?

To qualify for GSS I:

• Be a California resident for more than half of the 2020 tax year
• Filed your 2020 tax return before October 15, 2021
• Have a California Adjusted Gross Income of $1 – $75,000
• Be either an ITIN filer or a CalEITC recipient

For GSS II, the rules are pretty similar:

• California resident for more than half of the 2020 tax year
• Filed your 2020 tax return before October 15, 2021
• Had wages of up to $75,000

Missed Your Stimulus Payment?

If you think you were eligible but never received your payment, here’s what to do:

• Check your eligibility.
• Contact the Franchise Tax Board at 800-852-5711, weekdays from 8 AM to 5 PM.
• Create a MyFTB account to chat online.

Other Financial Aid Options in 2024

Don’t lose heart if you’re not eligible for the Golden State Stimulus. California offers various programs to help residents manage their finances:

• Young Child Tax Credit (YCTC) – Up to $1,117 for families with children under six.
• California Earned Income Tax Credit (CalEITC) – Up to $3,529 for low-income households.
• Rent assistance, food stamps, and unemployment insurance are also available.

Wrapping Up

The Golden State Stimulus provided much-needed relief for many Californians during tough times. While there aren’t any new payments in 2024, you may still benefit from other available financial aid programs. Check your eligibility and make sure you’re taking advantage of all the support you’re entitled to!

Got questions? Drop them in the comments below, and let’s get through this together!