California stimulus check: A 4th check confirmed for September

Actualizado 01/08/2021 – 21:17

The effects of the coronavirus pandemic have been devastating, so any help that the government can provide, such as stimulus checks, is most welcome. Across the USA, low-income and medium-income families have already received three stimulus checks and now a fourth stimulus check has just been approved.

California Governor Gavin Newsom has signed into law a state budget proposal that includes a fourth stimulus check for residents of the Sunshine State. Here, we explain what exactly this means and who is eligible.

Who is eligible for California’s fourth stimulus checks?

It is expected that two-thirds of Californians will qualify for these latest payments. That’s because individuals earning up to 75,000 dollars and families earning up to 150,000 dollars per year will qualify to receive the stimulus. Those people must, though, must have lived in California for more than half of the 2020 tax year and still reside in California when the check is sent out.

The main stimulus check will be for 600 dollars, but people with ITINs (Individual Taxpayer Identification Numbers) can also receive an extra 600 dollars, while taxpayers with dependents can receive an extra 500 dollars.

To work out exactly how much your stimulus check will be, you can check this official estimator tool.

The fourth stimulus checks are approved, so when will they be sent out?

According to the State of California Franchise Tax Board, the payments will start in September of 2021. It’s not happening straight away, then, but this is something for residents of California to look forward to.

Knowing that these extra stimulus checks are coming can help Californians to plan ahead for the rest of 2021, with so many families having had their income cut because of the pandemic.

“Direct stimulus checks going into people’s pockets and direct relief is meaningful,” Newsom said of these payments. “We recognize the acuity of stress associated with back rent and we recognize the acuity of stress as it relates to gas, electric and water bills. We can keep people housed. We can keep people warm and safe, and make sure that they are getting the kind of resources that they deserve during this very challenging period of time.”