Stimulus Checks: Millions of Americans To Get Checks Worth $200-$1050 This Week

Citizens will start getting direct payments worth at least $200 this week, with some qualifying for as much as $1,050.

Over the summer, Governor Gavin Newsom of California signed a $308 billion budget into law that included tax rebates for Americans.

The direct payments will start going out to an estimated 23million Americans this week and will be issued in multiple batches.

The first group getting cash will be residents who got the first or second round of the Golden State Stimulus payments via direct deposit.

Those Californians will see payments hit their accounts from October 7 to October 25.

The rest of the direct deposit payments will then go out from October 28 to November 14.

Those who aren’t set up for a direct deposit and got Golden State Stimulus payments by debit card last year will receive debit cards in the mail between October 25 and December 10.

The last phase will be issued on January 15, 2023, and The Franchise Tax Board will announce the schedule once the date gets closer.

The rebates are worth between $200 and $1,050.

Here’s who qualifies for the rebate and how you can get the maximum amount.

Who’s eligible

To qualify, you must have filed your 2020 tax return by October 15, 2021, and must have not been claimed as a dependent during that year.

Additionally, you must have been a California resident for at least six months during the 2020 tax year, with income not exceeding $250,000 or $500,000 for single and couples respectively.

Californians are being sent “Inflation Relief Checks.”

And much like the so-called “Inflation Reduction Act” – they are only going to make our inflation problems worse.

— steve hilton (@SteveHiltonx) October 3, 2022

The rebate amount can be maximized depending on income, filing status and dependents claimed, which is as follows:

Married/registered domestic partner filing jointly

• AGI: $150,000 or less – $1,050 with a dependent, $700 without dependent
• AGI: $150,001 to $250,000 – $750 with a dependent, $500 without dependent
• AGI: $250,001 to $500,000 – $600 with a dependent, $400 without dependent

Head of household or qualifying widower

• AGI: $150,000 or less – $700 with a dependent, $350 without dependent
• AGI: $150,001 to $250,000 – $500 with a dependent, $250 without dependent
• AGI: $250,001 to $500,000 – $400 with a dependent, $200 without dependent

Single or married/registered domestic partner filing separately

• AGI: $75,000 or less – $700 with a dependent, $350 without dependent
• AGI: $75,001 to $125,000 – $500 with a dependent, $250 without dependent
• AGI: $125,001 to $250,000 – $400 with a dependent, $200 without dependent

You can estimate your payment through a tool provided online by the Franchise Tax Board.

Starting Friday, "inflation relief checks" will be going out to certain #Californians. For who qualifies, watch @fox5sandiego News at 5. pic.twitter.com/An9rDpCqy5

— Kathleen Bade (@KathleenFOX5) October 3, 2022

Other payments

Along with California, Alaska will be sending out payments this week as well.

This includes money from the Permanent Fund Dividend (PFD) as well as a one-time energy relief payment.

This PFD is determined by Alaska’s oil revenue, as residents are given a portion of the profits.

This year, the PFD in combination with a one-off energy payment is worth $3,284 combined this year.

Those who elected to receive their PFD dividend in the form of a direct deposit should expect their payment during the week of October 3.

Meanwhile, paper checks will be sent out during the week of October 6.

Elsewhere low-income residents in New Mexico can apply for a relief check worth at least $400.

Applications must be submitted by Friday, October 7.

While I support the Child Tax Rebate, these checks should have been sent out months ago! Struggling Rhode Island families should have been provided immediate relief when the budget passed – but instead, Dan McKee decided to withhold aid until weeks before the election. pic.twitter.com/Wxv0pFsdVF

— Ashley Kalus (@AshleyKalus) October 3, 2022

In Colorado, individuals receive $750 if they were 18 years old on December 31, 2021, lived in the state during all of 2021 and filed a state tax return.

And the Virginia General Assembly has approved a tax rebate for eligible residents worth up to $500.

Residents who filed their taxes before July 1, 2022, are likely to receive their tax rebate during September or October.

For more on how you can get money, see the 13 states offering parents direct payments.

Plus, see the dozens of states offering universal basic income.