Senior Stimulus: Which Social Security Recipients Will Still Receive A Golden State Payment?

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There are still some uncertainties about whether Social Security recipients will be receiving Golden State Stimulus II payments. It all depends on the state regulations, but only certain Social Security beneficiaries will obtain California’s stimulus check.

According to the California News Times, approximately 4.5 million checks have been sent to Californians, accounting for roughly half of the payouts projected under this program. According to the California Franchise Tax Board, the initial program was focused at low-income California residents, but it was expanded in July to include anyone who earn $75,000 or less each year.

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If they fulfil the criteria and report other income sources with an adjusted gross income (AGI) between $1 and $75,000 on their 2020 tax return, Californians who receive Social Security checks are eligible for Golden State Stimulus II payments of up to $1,100 ($600 for themselves and $500 for a qualifying dependent). The authorities also said that Social Security is not taken into account when determining AGI.

Read More: KEY DEADLINE Today Is The Last Day To Apply For Up To $3,000 Stimulus Payments From $16million Fund – See If You’re Eligible

Other criteria for Social Security claimants with income between $1 and $75,000 in 2020 include:

  • I spent the most of last year in California.
  • I’m still in California.
  • Do you have a Social Security number or a Taxpayer Identification Number (ITIN)? (ITIN)
  • Another taxpayer cannot claim you as a dependent.
  • By the 15th of October, you should have filed your 2020 taxes.

If your main source of income is Social Security, you are not eligible for GSII benefits under California’s qualifying standards. CalWorks and CalFresh benefits, Supplemental Security Income/State Supplementary Payments, Income Support Program for Immigrants, Disability Benefits Insurance, VA disability payments, and unemployment are all excluded from your AGI.

If you eligible, your payments will be sent to you or deposited directly into your bank account. To check if you qualify and what you could be eligible for, use California’s online tool.

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