Senior Stimulus: Which Social Security Recipients Will Still Receive a Golden State Payment? – Community News
Social Security

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

Senior man using smart phone and checking obligations in his workshop.

LordHenriVoton/Getty Images

There is still some confusion about whether Social Security recipients will receive Golden State Stimulus II payments. It all depends on state guidelines, and only certain Social Security beneficiaries will receive the California stimulus check.

Social Security 2022: How COLA will increase benefits for the average senior couple
Tax Brackets 101: Here Are The Basics You Need To Understand

California News Times reported that nearly 4.5 million checks have been distributed to Californians, about half of the payments expected to be made under this program. The original program was aimed at low-income California residents, but expanded in July to those earning $75,000 or less per year, according to the California Franchise Tax Board.

Californians who receive Social Security checks are eligible for Golden State Stimulus II payments up to $1,100 ($600 for themselves and $500 for an eligible dependent) if they meet the requirements and report other sources of income with adjusted gross income. income (AGI) between $1 and up to $75,000 on their 2020 tax returns. The state also noted that Social Security is not included in calculating your AGI.

Related: Social Security FYI: Will Incentive Payments and Child Tax Credit Affect Your Benefits?

Other requirements for Social Security recipients who have reported income between $1 and $75,000 on their 2020 tax returns include:

  • Lived in California for most of last year
  • Still lives in California
  • Have a Social Security Number or an Individual Taxpayer Identification Number (ITIN)
  • Cannot be claimed as a dependent by another taxpayer
  • Taxes for 2020 filed before October 15

So who doesn’t qualify?

If Social Security is your only source of income, you are not eligible for GSII payments under California’s eligibility requirements. Other types of income are also excluded from your AGI, such as CalWorks and CalFresh benefits, Supplemental Security Income/State Supplemental Payments, Immigrant Money Assistance Program, State Disability Insurance, VA Disability and Unemployment Benefits.

Social Security Schedule: When the First COLA Checks Arrive in January 2022
Find: The Social Security Administration’s New Online Statements May Help You Retire Early

If you qualify, you will receive your payments by paper check by mail or direct deposit. Use the California online tool to see if you qualify and what you can receive.

More from GOBankingRates

About the author

Josephine Nesbit is a freelance writer specializing in real estate and personal finance. She grew up in New England but now lives in Ohio, where she attended Ohio State University and lives with her two toddlers and fiancé. Her work has appeared in print and online publications such as Fox Business and Scotsman Guide.