Golden State Stimulus 2: What You Need to Know
This is the Golden State Stimulus 2, and it's been given out. If you want to know what this stimulus entails and what this means for you, you're in for some good news! If you live in California and haven't received your Golden State Stimulus, but still want a chance at getting this stimulus, it's still not too late!
Golden State Stimulus II
The second batch of Golden State Stimulus checks is on its way to Californians who qualify. According to Gov. Gavin Newsom's administration, two out of every three California citizens are eligible for this exclusive stimulus. California residents without dependents can get $600, but those with one or more dependents can receive up to $1,100 during this round of payments. As of August 27th, Californians should have begun receiving these payments. Additionally, undocumented California residents are able to receive this stimulus if they qualify.
How You Qualify
Haven't received your second Golden State Stimulus or don't know if you qualify? The qualifying requirements include:
Filing your 2020 taxes by October 15, 2021
A California Adjusted Gross Income (CA AGI) of $1 to $75,000 for the 2020 tax year
Have wages of $0 to $75,000 for the 2020 tax year
Be a California resident for more than half of the 2020 tax year
Be a California resident on the date payment is issued
Cannot be claimed as a dependent by another taxpayer
A dependent is a qualifying child or qualifying relative.
The IRS Fresh Start Program has been an effective way to take control of your tax situation. This program is not exclusive to only the families and individuals in California, in fact, it's available nationwide. The Fresh Start Program is a great method to help open up room for income to allocate towards other matters. This program offers a variety of solutions for taxpayers who are struggling with unpaid taxes, and ensures that you will not be penalized or face additional penalties if you qualify for the program. So what are you waiting for? The time to begin this process is now!
See if you qualify for the Fresh Start Program today!
Resolve your tax debt before the IRS surprises you with late fees and penalties!
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