$12,000 Stimulus Check In December: Californians will wake up on December 12, 2024, to a windfall of 12 grand coming their way. This checkpoint is part of a stimulus check plan that the US government has declared to help its citizens financially. The purpose of this scheme is to support necessary families and assist them to cover their costs.
If you want to know who qualifies for a $12,000 Stimulus Check in December 2024, the possible payment dates, and how you can get this monetary help, then keep on reading this article.
Why are stimulus checks important?
A stimulus check is good for those who have some problems with money. This scheme helps people in the following ways:
- Provides direct financial assistance to citizens.
- Strengthens small businesses.
- Reduces debt burden.
- Brings economic stability by reducing income inequality.
- Makes people feel mentally secure.
Purpose of the $12,000 Stimulus Check December 2024
This scheme is specifically for California residents. This one-time financial aid is being provided by the Franchise Tax Board (FTB). Its goal is to provide relief to families who are struggling to meet their daily needs.
$12,000 Stimulus Check December 2024: Eligibility Conditions
If you want to receive a $12,000 stimulus check, you must meet the following conditions:
- Income Limit:
You have to have an income of less than $63,398 in 2023. - Federal Tax Credit (FTB):
This credit is for those who qualify. - Earned Income Tax Credit (EITC):
In California, this credit is for those with an annual income of less than $30,931.
Children-based benefits:
For three or more children: $7,400
For two children: $6,600
For one child: $4,000
With no children: $600
How to Get the $12,000 Stimulus Check?
To avail of this scheme, you need to follow the following steps:
- Check your eligibility:
Assess the income limit and the requirement to file tax returns. - Collect documents:
Keep the Social Security number and income certificate ready. - File tax returns:
Fill your state and federal tax returns correctly. - Revision process:
The California government will review your tax records. - Receive payment:
The money will be sent to you via direct deposit or mail-order check once eligibility is confirmed. - Fill claim form:
If you don’t receive payment, file a claim with the IRS via Form 1040.
Payment dates
- The date upon which the taxpayers are supposed to pay up their taxes for the fiscal year ending December 2024 has not been set by the Franchise Tax Board (FTB).
- But in this case, it will act as a balance that should help the low-income population meet their needs.
How to Check the Status of the $12,000 Stimulus Check?
Visit the following websites for updates:
- Franchise Tax Board (FTB):
www.ftb.ca.gov - IRS:
Here you will find the latest information regarding the stimulus plan.
FAQs: $12,000 Stimulus Check In December
Q. Who will get the $12,000 stimulus check?
A. Those whose annual income is less than $63,398 and who have filed tax returns correctly.
Q. What is the purpose of this check?
A. To provide relief to financially weak families and meet their basic needs.
Q. When will the payment be made?
A. Payments are expected in December 2024, but exact dates have not been announced.
