The Department of Internal Revenue Services offers $12000 Stimulus Checks to eligible citizens of the USA. So, their citizens need to fulfil the eligibility criteria to get a stimulus check. This financial support will be given in the form of tax rebates, and the government will release the payment dates soon. To apply for this $12000 Stimulus Checks payment, people must know about the process and the details required. Here is other information about the program which you must know.
$12000 Stimulus Checks
Recently, the American government has examined the increasing prices of articles and also the increase in inflation rates. It leads to the thinking of helping their citizens with payment of $12000 Stimulus checks. The main reason for starting this program is to help citizens with low incomes, which will also lead to an increment in the economy of the country. So, citizens can receive the payment in April 2024 (As Expected).
$12000 Stimulus Checks 2024 – Overview
| Article | $12000 Stimulus Checks |
| Country | United States of America |
| Amount | USD 12000 |
| Year | 2024 |
| Payment Date | April |
| Category | Government Aid |
| Official Website | https://www.ftb.ca.gov/ |
Check $12000 Stimulus Checks Payment Dates & Benefits
The one-time payment of $12000 will be given in the form of state and federal rebates. This payment will be directly credited to the bank accounts of the eligible candidates. Citizens need to have proper documents for every requirement they mention in order to receive the program payment. There is no official announcement regarding the exact date of payment, but it is expected that the payment will be given at the end of April.
The government started these stimulus checks in 2008 to provide financial support to citizens, especially during financial crises. During COVID-19, many citizens lost their jobs and became jobless. Some low-income families who earned daily wages also struggled to make a living in the country. These payments are also given to the parents of disabled and permanently blind children in the country.
Eligibility for $12000 Stimulus Checks
Knowing about the eligibility criteria is the most important step towards applying for the stimulus check. These criteria are specifically designed to ensure that only eligible and low-income people receive the financial assistance of these programs. So, here are the eligibility criteria:
- Families who have low incomes and want to apply for the program must have an income of less than $30,931. Only then will they receive the payment of up to $12000 from the government.
- Applying families will receive an additional $1,117 in financial aid only if they have children under the age of 6.
- Every applying candidate must be a permanent resident of America, or immigrants must have lived in the country for a duration defined as instructions.
- To get $12,000, citizens also have to qualify for the California Earned Income Tax Credit (CalEITC), Federal Income Tax Credit (FITC) and Young Child Tax Credit (YCTC) from the government.
These are some eligibility criteria that citizens must follow. In accumulation, citizens who qualify for the CalEITC (California Earned Income Tax Credit) will receive a payment of $3,529. To receive this benefit, citizens must have an income of less than $30,950 per annum.
The government has also mentioned that citizens with incomes higher than the minimum threshold defined still receive benefits from the EITC only if their annual income is up to $63,398.
How do you claim the $12000 Stimulus Checks?
To apply, citizens must know the information mentioned above and have proper documents for verification. The steps written below will assist you in claiming the $1200 Stimulus Checks payment from the government’s program. So, follow the steps which are as follows:
- Firstly, open the official website – ftb.ca.gov. On your laptop or computer.
- Now, on the website homepage, find the application section, choose the form, and download the FTB 3514.
- After downloading, read the instructions carefully.
- Now, fill out the application form with proper details and make sure every detail you have entered is correct and verified.
- You need to fill in the information about your taxation with documents to receive the state income tax return.
- You should also enter the details about your requirements and explain the reasons for them.