Tax filing deadline to receive payments and more

Californians have months to file their tax return in order to receive a stimulus payment, but if they want their payment promptly, they must file their return as soon as possible.

The Golden State Stimulus provides payments of $ 600 or $ 1,200 to low-income Californians, and the payments are issued on an ongoing basis. While they are sent automatically, a person must file their 2020 tax return to receive one and it can take up to 60 days to receive a payment.

The California Franchise Tax Board has extended the deadline for filing state income tax returns to May 17 to stay consistent with the extension the Internal Revenue Service has given to taxpayers. All payments are due by then, but a person technically doesn’t have to deposit until October 15th. However, delaying the filing of a tax return also means a delay in receiving a stimulus check from the state.

The Golden State Stimulus is rolling out as people file their taxes and filing earlier means getting paid sooner. California Governor Gavin Newsom arrives to brief the media on the opening of a new COVID-19 mass vaccination site on February 16 at the California State University of Los Angeles campus in Los Angeles.
Frédéric J. Brown / AFP / Getty Images

To be eligible for the Golden State Stimulus, a person must claim the California Earned Income Tax Credit (CalEITC), which is available to those with earned income less than $ 30,000 or earning less than $ 75,000 and file taxes. with an individual tax identification number (ITIN). Those who meet all of these requirements will receive $ 1,200 instead of $ 600.

“Thanks to the Golden State Stimulus, Californians who have been affected by this pandemic will receive help to support their families and keep a roof over their heads,” Gov. Gavin Newsom said in January.

Payments for those who filed their taxes before March 1 started coming in on April 15, and some people have likely already received their funds. Direct funds come out faster than paper checks, which can take up to six weeks to arrive.

Direct deposits for people who filed their taxes after March 2 but before April 23 will be made within the next two weeks, followed by paper checks two to four weeks later, according to the California Franchise Tax Board. Those who deposited after April 23 will have to wait up to 45 days to receive a direct deposit and up to 60 days for a paper check.

Most people will receive their payment the same way they will receive refunds on their income tax return and have nothing else to do than file the return to receive the money. However, if a person is eligible for CalEITC but has not claimed it when filing their return, the California Franchise Tax Board advises them to change their return immediately.

Some payments may take longer to process than others and those who do not receive payment after 45 days are encouraged to contact the California Franchise Tax Board.


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About Kristina McManus

Kristina McManus

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