These Social Security recipients are eligible for the Golden State Stimulus | – Community News
Stimulus Check

These Social Security recipients are eligible for the Golden State Stimulus |

California has sent nearly 4.5 million incentive checks to date, about half of the payments expected to be issued under the program.

But there is still some confusion about who will receive the infusion of funds, including whether Social Security recipients will get them.

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The only answer is that some do and some don’t.

This is because, under state guidelines, only certain Social Security beneficiaries are eligible for the California stimulus checks.

Stimulus Control Update: Eligible for these payments

Californians receiving Social Security benefits are eligible for a stimulus check of up to $1,100, including $600 for themselves and $500 for an eligible dependent, provided they meet all qualifications and other sources of income with an AGI between $1 and up to $75,000 on their 2020 tax return. The state notes that when calculating an individual’s AGI, Social Security is not included.

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The California Franchise Tax Board on its website has a hypothetical case where a Social Security beneficiary would qualify for a Golden State Stimulus II payment.

In this scenario, someone with a savings account gets $2,700 per month in Social Security. That person reports $32,400 in Social Security income and taxable interest of $12.37 from the bank account on their 2020 tax return. That interest counts toward the California AGI, making the person eligible for the payment.

If Social Security is the person’s only source of income, he or she will not be eligible for a Golden State Stimulus II payment, even if they meet all of the other eligibility criteria.

If you believe you qualify but have not yet received a Golden State Stimulus II payment, the state expects to issue the incentive checks early next year.

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