The US government has come to help low-income families to reduce their financial burden after the COVID era. To help those people, the government launched an economic program which is the $1200 Stimulus Checks 2024. We all know about the California Earned Income Tax Credit (CaIEITC). The $1200 stimulus checks payment is one of the important parts of this California Earned Income Tax Credit. If you want to know complete details then keep an eye on this article. Here is discussed complete overview of the $1200 stimulus checks payment.
$1200 Stimulus checks for June 2024:
As days pass, costs of every aspect are increasing. In that case, it becomes tough to balance the economic situation. However, to overcome this financial crisis the U.S. government decides to provide a $1200 stimulus check payment for the people of California. This program is entirely managed by the Franchise Tax Board (FTB). This financial program is for only low-income families or individuals in California.
| Official website | IRS (www.irs.gov) |
| Association | Franchise Tax Board (FTB) |
| Country | U.S. |
| Program | Stimulus checks payment |
| Amount | $1200 |
| Category | Economics |
| Payment date | Mid June 2024 |
Through the official website of the IRS (www.irs.gov) you can check eligible residents or specific eligible requirements. For the individuals, must need to meet the criteria of the Federal Tax Credit. While checking all the criteria’s it must be checked previous year income of each individual is less than $63,398 or not. However, the people of California who have earned more or less $30,931 are eligible for the $1200 stimulus check.
Eligibility criteria of $1200 Stimulus Checks 2024:
After the COVID-19 pandemic whole world is facing economical crisis. But some are still struggling. To help those people of California, the U.S. government launches an exciting financial program. It is $1200 stimulus checks payment. So everyone wants to get this benefit.
Here are the detailed requirements for this financial aid;
- Only the residents of California are eligible to receive a $1200 stimulus checks payment in the bank account.
- The married couple who file jointly must not exceed the income of $150,000.
- If you are single and earn money between $75,000 to $112,500, you are eligible for this stimulus payment
- The individual’s Modified Adjusted Gross Income should be up to $75,000.
- Payment amounts vary depending on the number of children i.e. (for two children is $6,600; for three or more children is $7,400, for one child is $4,000 and if you have no children you will get $600).
- If an individual’s income goes beyond this requirement, payment will be automatically reduced. It will stop over the earning $100,000 for individuals and for the couple is $200,000.
Payment dates of $1200 stimulus check 2024:
California residents are eagerly waiting for the $1200 stimulus check. However, the Franchise Tax Board (FTB) is also intended to provide the $1200 stimulus payment 2024 for June. But the official dates are pending and no updates are showing on the official website of FTB. The people who intend to receive the $1200 checks should regularly check the FTB website for the latest updates.
$1200 stimulus checks payment 2024 for low-income:
Till IRS has not announced yet $1200 monthly checks payment dates. Many low-income families are eagerly waiting for that. The main beneficiaries of this program are the elder people who are extremely struggling to balance economic conditions.
| Agenda | $1200 stimulus checks payment 2024 |
| Category | Finance |
| Amount | $1200 per month |
| Government | US |
| Location | California |
| Eligibility | Low-income families or individual |
| Official website | www.irs.gov |
How to claim $1200 stimulus checks payment:
Here are the complete procedures for claiming a $1200 stimulus checks payment 2024. Let’s have a look;
- The first step of this procedure is to open the IRS website or (www.irs.gov). While using your SSI unique ID number you can log in to your dashboard. Then $1200 stimulus checks payments that are provided by the government for June are shown in the dashboard. Also, you can check the previous year’s payments through the dashboard.
- Now, you need to click on the $1200 stimulus checks payment and you will be on the application page. After opening the application page you should fill in the personal details like employment details, application number, and upload all other necessary documents to the website.
- After uploading the documents authority will verify all the details. After the entire verification, fund will be released to your bank account.
June 2024 $1200 plus $500stimulus Boost payment:
Citizens of California are eagerly waiting for $1200 check payment. In that case, Internal Revenue Service has announced $500 stimulus boost. Yes, it happens! Now, California citizens are little bit confused about this program. They want to know whether they meet the criteria or not. This $500 stimulus boost check payment June 2024 is one of the financial programs that help low income families or individuals. Senior citizens or whose age is above 62 are getting the main benefits through this program. At this age, they have difficulties to survive and arrange their basic needs. In that case, the government has decided to help those elderly people by providing shelter, food and proper nutrition.
You can be eligible only when you are a legal taxpayer of the country and have filed all the pending taxes. Are you confused about this $500 stimulus boost? Well, don’t worry! The official website of IRS has updated all the information clearly regarding this 2024 stimulus boost check payment.
Deadline of tax payment of $1200-$500 stimulus boost:
Here is the table that shows the dates for paying the tax to get $1200-$500 stimulus boost
| Tax year | Tax due date | Estimated tax payment dates to receive stimulus boost |
| 2023 | 15th April 2024 | On or before 15th April 2024 |
| 2024 | 15th September 2024 | On or before 15th September 2024 |
Still, if you have not paid the taxes for the taxation year, you must check the due date. It is necessary to complete the tax payment before the date.