As many as two-thirds of California residents will see another stimulus check hit their bank accounts as early as next week as California begins sending out payments ranging from $500 to $1,100 by direct deposit or paper check in two-week increments. Residents with children will see an additional $500 payment.
According to the California Franchise Tax Board, this second round of stimulus payments are intended for California families who have been hit hardest by the coronavirus pandemic.
Residents eligible for "Golden State Stimulus II" will have made a gross income between $0 and $75,000 for the 2020 tax year, lived in California for more than six months in 2020 and are a California resident on the date payments are issued. Residents will not receive a check if they can be claimed as a dependent by another taxpayer. To qualify, all you need to do is file a complete 2020 tax return to be eligible for the GSS II payment.
If you qualified for the first round of stimulus checks that went out in April, you won't receive a check this time around.
Payments are anticipated to go out in September. To check your status or get an estimate on how much you qualify for, go to www.ftb.ca.gov for more information.