Empty freeway streets with almost no vehicles and people due to coronavirus ( COVID-19 ) virus outbreak and stay at home order and mandatory quarantine. concept: golden state stimulus
Camino Financial
By: camino-financial
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Golden State Stimulus: All you need to know

Golden State Stimulus is ready and approved to go out and help families and individuals affected by the Covid-19 pandemic.

According to Governor Newsom, the state will award GSS payments to qualified Californians.

Learn more about how much you can get and if you are eligible.

What is Golden State Stimulus?

Golden State Stimulus is a grant package in California. With your help, low-income residents receive a one-time payment. As well as California taxpayers who qualify for CalEITC.

There is also a payment for taxpayers who file the taxes with their Individual Taxpayer Identification Number (ITIN) and earned from $0 to $75,000.

Golden State Stimulus 2

The government approved a new Golden State Stimulus II package this year. The governor’s administration says two out of three Californians are eligible to receive a share. This is more than half the population.

Again this stimulus will allow continue supporting California’s low-income residents and families.

Is there a 3rd Golden State stimulus?

No, until the date there is no announcement on a possible GSS III. GSS 2 payments are still happening and at the moment there is no GSS III.
A note about financial aids like Golden State Stimulus

Golden State Stimulus Payments

With the help of Golden State Stimulus, beneficiaries will be able to receive $ 600 payments.

But who qualifies for the golden state stimulus? There’s also relief and support for:

  • Small businesses
  • Farmworkers
  • College students
  • Child care workers
  • And more

Golden State Stimulus Eligibility

Golden State Stimulus Requirements

  • Any California resident with low to moderate incomes. Also, who has claimed and earned income tax credit. You need to make $30,000 or less a year.
  • Immigrants who pay taxes using an ITIN. You need to make $75,000 a year or less after deductions.
  • Be 18 years or older.
  • If you receive assistance from state programs aimed at blind, disabled, or low-income families, you are eligible.
  • You may not be eligible to claim as a dependent on another tax return.

Golden State Stimulus How to Apply?

You don’t need to apply for this stimulus. If you are eligible and file your 2020 taxes, you’ll receive them automatically.

Are you having problems receiving the payment? Visit this site.

Apply now!

Some small business reliefs

You can get up to $25,000 in grants that can help with:

  • Employee expenses
  • Rent
  • Utilities
  • Costs associated with COVID-19

Also, there will be a $115 million fee reduction for two years for restaurants, bars, and cosmetology businesses.

Plus, there are $50 million in grants for cultural institutions and help for immigrants in California.

Other reliefs

There are some other government reliefs that you can apply and get; some of them are:

  • Housing for the Harvest ($24 million). If you’re an agricultural worker that needs to isolate because of COVID, this program offers temporary hotel housing.
  • Financial aid for college students ($123 million ). Will help you if you are a community college student. This program will create emergency financial grants in the California Community Colleges.
  • Child care funds ($400 million). Children of essential workers enrolled in state-subsidized. Child care and preschool providers will receive a payment of $525.
Golden State Stimulus
For who?TermsPayments
Low income workersWorkers who
made up to $30,000 last year. It includes undocumented workers who file taxes. (ITIN holders).
  • They will qualify
    for a $600 tax rebate along with 2020
    California Earned Income Tax Credit.
Undocumented workersWorkers who made less than $30,000.

Workers who made between $30,000 and $75,000.

  • The former may qualify for a second stimulus payment, bringing their total to $ 1,200.
  • The latter qualify for a one-time $ 600 tax refund.
CalWORKs recipientsVery low-income families with children.
  • These families will receive grant payments of $600.
Blind, elderly and disabled peopleRecipients of Supplemental Security Income, Supplementary Payment or the State’s Cash Assistance Program for Immigrants
  • These groups also will receive grant payments of $600.

Check if you
qualify for a loan