Stimulus Check 2024 may enhance Californians’ finances. A one-time tax reimbursement of up to $12,076 is available to eligible persons who meet specific criteria.
Stimulus Check 2024 Eligible Californians can get up to $12,076 (Photo from AL.com)
Stimulus Check 2024: CalEITC, YCTC, and FYTC Offer Up to $12,076 for Eligible Californians!
The Stimulus Check 2024 update on Qualifying for the California Earned Income Tax Credit (CalEITC), Young Child Tax Credit (YCTC), and Federal EITC unlocks this financial benefit.
The CalEITC provides $3,529 to low-income Californians earning $30,950 or less in 2023. California households earning $30,931 or less can receive up to $1,117 per qualifying tax return from the Young Child Tax Credit (YCTC). They must be eligible for CalEITC and have a qualifying child under six after the tax year.
The Foster Youth Tax Credit (FYTC) was introduced for 2023, providing up to $1,117 per eligible individual or $2,234 if both the primary taxpayer and spouse are current or former foster youth who were placed in California foster care at age 13 or older.
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File State Tax Return for CalEITC, YCTC, and FYTC
The Stimulus Check 2024 updates the residents to file a state tax return to claim CalEITC, YCTC, and FYTC to receive these benefits. You must also file a federal return with the IRS to receive the federal EITC.
This Stimulus Check 2024 program provides financial aid and tailored tax advantages to low-income families.
READ ALSO: IRS Opens 2024 Tax Season: Here’s What You Need To Know
