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Claim Your $12,000 Stimulus Check

Photo: Google

There is a chance for a legal US citizen to get up to $ 12,000 in stimulus check via form of state and federal rebates. This aids Americans affected hardly by economic shutdowns such as the 2008 financial crisis and the COVID-19 pandemic.

Photo: Google

US Government Aim To Boost Economic Activity Through Stimulus Check

The US government can provide financial aid to its legal citizens through economic stimulus check. In a report from Marca, these typically involve releasing funds into the economy through direct payments to individuals, aids to businesses, creation of infrastructure and benefit extensions to unemployed.

With these stimulus checks, the government alleviates the effects of economic decline and assist private citizens and businesses that are having difficulties financially. Such times that stimulus check arose due to the 2008 financial crisis and COVID 19 pandemic.

According to a Marca report, stimulus check is a tool for our government officials to stabilize the economy and help it recover by addressing short- and long-term economic challenges.

READ ALSO: New Bill In Tennessee May Transform The Residents’ Lives If Passed

Californians Can Claim Up To $12,000 Stimulus Check

A legal US citizen with annual income of below $ 63,398, can claim the Federal Income Tax Credit (EITC). The maximum amount qualified citizen can claim is $ 7,430 if with at least three children, $6,604 if with two children, $3,995 if only one child and $600 if without children.

If a resident of California, they could also avail CalEITC if they are earning not more that $30,931 a year and can get maximum payment of $4529 if with at least three children. Payments will be reduced with fewer children.

Just file your 2023 taxes to avail and claim these refunds. Federal returns are accepted starting January 29 through April 15 of this year.

READ ALSO: Sales Tax Increase Proposal Underway In Washington County

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