SACRAMENTO, Calif. — The next round of Golden State Stimulus II payments should hit bank accounts and mailboxes starting on Oct. 5.
The California Franchise Tax Board plans to send out 705,000 total payments in this latest round, including about 330,000 direct deposits and about 375,000 paper checks. This is the first time the state has sent out mailed checks for the Golden State Stimulus II.
The state of California is in the process of sending Golden State Stimulus (GSS) payments to about 9 million eligible people. In the previous two rounds, the state’s Franchise Tax Board (FTB) sent payments to about 2.6 million people.
Although the payments will go out on Oct. 5, some people may not receive the money for several days or even weeks.
Andrew LePage with the FTB said direct deposits typically show up in accounts within a few business days. FTB advises people expecting mailed checks to allow up to three weeks for them to arrive.
Stimulus payment timing
The state says most direct deposit payments will be made by Oct. 31 but adds that some payments could take extra time. Also, if you filed your tax return after Sept. 1, it could take 45 days after your return is processed to send out the GSS payment.
The state has also updated its timeframes for paper checks. The payments will go out based on the last 3 digits of the ZIP code on your 2020 tax return:
- 000-044 10/06/-10/27/21
- 045-220 10/18-11/05/21
- 221-375 11/1/-11/19/21
- 376-584 11/15-12/03/21
- 585-719 11/29-12/17/21
- 720-927 12/13-12/31/21
- 928-999 12/27/21-1/11/22
The FTB said if the tax return isn’t processed by the date of your scheduled payment, it could take 60 days after FTB processes the return.
Future direct deposit payments will follow a similar timeline to the mailed checks. "The state plans to make future GSS II direct deposit payments around the time (within a few days prior) of the starting date for future batches of paper checks to be mailed," LePage said.
This means that direct deposits can be expected around:
- Oct. 18
- Nov. 1
- Nov. 15
- Nov. 29
- Dec. 13
- Dec. 27
To make sure you receive a Golden State Stimulus II payment, people need to file a 2020 tax return by Oct. 15, 2021.
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Golden State Stimulus II eligibility
- $600 payments will be made to qualified taxpayers with a Social Security number, an Adjusted Gross Income (AGI) between $1-$75,000 (both individuals and joint filers), and didn't receive the first round of Golden State Stimulus payments.
- $1,000 payments will go out to qualified ITIN filers making $75,000 or less and have one or more dependents.
- Additional payment for families with dependents. Eligible families who file with a Social Security Number with one or more dependents are eligible for an additional $500.
If you are wondering how much you could receive from the Golden State Stimulus, the FTB has a tool here.
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Direct deposit vs paper check
The FTB is sending out Golden State Stimulus payments in two ways; direct deposit and paper checks sent in the mail. In general, you can expect to get the payment using the same refund option you selected when filing taxes.
Typically, you’ll receive this payment using the refund option you selected on your tax return.
- Direct deposit: If you selected direct deposit as your refund option on your tax return
- Paper check in the mail:
- If you selected paper check as your refund option on your tax return
- If you received an advanced refund through your tax service provider or paid your tax preparation fees using your refund
WATCH MORE: Golden State Stimulus: Will the relief package signed by Newsom provide immediate relief?
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