California – The second stimulus payment will be released to California residents on Friday, according to the office of Governor Gavin Newsom Thursday.
The spokesperson for the California Franchise Tax Board previously told SFGATE that like the first payments, the second round of payments for the so-called Golden State Stimulus II will be issued in two-week increments.
“Two out of every three Californians should be eligible for the payments, which will be sent as either direct deposits or paper checks,” Newsom’s office said.
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How to Receive Golden State Stimulus?
According to the office of the governor, “Most qualifying Californians do not need to do anything besides filing a 2020 tax return, due October 15.”
They added, “If you have already submitted your tax return, there is nothing you need to do. For further questions, consult the California Franchise Tax Board’s help section on its website.”
“The Golden State Stimulus is key to lifting up those hit hardest by the pandemic and supporting California’s economic recovery, putting money directly in the hands of folks who will spend it on basic needs and within their local communities,” Newsom said in a statement.
If you’re wondering how much you will receive, you may visit the Tax Board’s website and you will find a tool there that will calculate the amount for you.
Generally, if you qualified for the first Golden State Stimulus payment, and claimed a credit of one or more dependents, you’ll receive $500.
If you did not qualify for that stimulus payment and did not claim a credit of one or more dependents, you’ll receive $600. If you did not qualify for that stimulus and claimed one or more dependents, you could receive $1,100.
Lastly, if you qualified for the stimulus and did not claim credit for one or more dependents, you do not qualify for the second stimulus payment.