Fourth Stimulus Check Update: Nearly 800,000 New Direct Payments Being Sent
A fourth stimulus check isn’t in the works through Congress, meaning new federal payments won’t be going out to Americans anytime soon. However, for some lucky residents in California, money is still slated to head their way in the coming days, thanks to the latest round of Golden State Stimulus II Checks.
The $1,100 payments are going out to approximately 784,000 people, according to the California Franchise Tax Board, with 750,000 being sent by mail beginning on Monday, with 34,000 additional payments going into bank accounts beginning on Friday.
KTLA reports that the new payments are being mailed to qualifying taxpayers whose zip codes have the last three digits of 376 to 584, as well as those from the last batch of zip codes which went from 221 to 375.
The next round of mailed payments for zip codes 585 to 719 will begin to go out on Nov. 29.
Those with reported earnings of $1-$75,000 in 2020 with a valid social security number or individual taxpayer identification number who are not claimed as dependents are eligible for the payments.
Lucky Californians getting money from the state aren’t the only ones who may receive money before 2021 comes to an end.
Those who are eligible but have not yet received payments through the Expanded Child Tax Credits can still get up to $1,800 before 2021 comes to an end—but only if they provide the necessary information to the IRS by Nov. 15. Those people include parents who didn’t file a 2020 tax return because they don’t make enough money for one.
Those who do not apply for the Tax Credits by the deadline will be able to claim the whole amount—as much as $3,600 per child under the age of 6 and $3,000 per child ages 6-17—on their 2021 taxes next year.
Those who already receive the Expanded payments are also set to receive the fifth of six deposits on Nov. 15.
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