Good news for thousands of families across America, and it’s exactly what you’ve been waiting for. A record number of people will receive $1,200 more this May thanks to the new stimulus checks. They will arrive in a matter of hours if you meet this fundamental requirement, so all you have to do is read what it is and check your bank account… maybe you already have it and didn’t realize it.
New stimulus checks: you´ll get $1200 more this May in direct payment
Several more stimulus check payments of $1200 or more are due to be released to American citizens in May 2024 and will come as a welcome relief. Additional direct payments have been approved in some states and cities like California, New York, and Chicago, Seattle to offer extra help to residents cope with the increasing costs.
These stimulus checks provide relief for groceries, gas prices, rent, and other basic needs in time of record-high inflation. The additional funds arrive at just the right moment since they will offset the lack of other incentives that came from earlier in the COVID-19 pandemic and are now set to expire.
Monthly advances and checks will start arriving in bank accounts and mailboxes in hours or days for eligible people and families in certain states. Here is information on the stimulus programs, how recipients qualify for the payments, when they can expect their checks or deposits, and where the money comes from.
Elegibility for the new stimulus checks in California: find out if you´ll receive the money
The state of California is planning to issue its second round of stimulus checks on May 2024 to thousands of residents, since the Government has confirmed the distribution. Additional $400 in a 5 billion inflation relief package to be handed out to low and middle-income Californians in late 2024.
For you to be able to receive this rebate, you must have filed your 2022 taxes by October 15, 2023, and you must reside in California for at least six months in the year of the filing of the tax return. Your federal adjusted gross income has to be $250,000 or lesser in case of a single return and $500,000 or lesser in case of a joint return.
When will you receive the money? Check out the payment dates
The second batch of stimulus checks worth $1200 will be distributed at the end of May for thousands of Americans. The state of California has introduced another round of stimulus payments to cushion the side of lower-income earners.
The payments are supposed to begin being distributed just about May 25th with most residents receiving them by the end of the month. The California Franchise Tax Board that is charged with the responsibility of distribution is willing to issue direct deposit payments or debit cards.
Some important dates for the California stimulus payments:
- If you have filed between January, 1st and March, 1st: not before April, 15th.
- If you have filed between March, 2nd and Aprild, 23rd: after May, 1st.
- If you have fled after April, 23rd: you will have to wait until the end if May.
Those who receive the post card are advised to keep a close watch on their bank account and mail during last week of May. Owing to the stimulus payment, you will receive $1200 if you qualify.