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Families need to file tax returns by May 17 to receive child tax credit checks

Golden State Stimulus: Who qualifies and when payments will go out

Golden State Stimulus: Who qualifies and when payments will go out AP The lights of the Capitol dome shine as lawmakers work into the night Friday, Aug. 31, 2018, in Sacramento, Calif. F Lawmakers will reconvene Monday , Dec. 7, 2020 for an organizational session to swear in new members. The regular Legislative sessions will begin after the new year. (AP Photo/Rich Pedroncelli, File) By: Mark Saunders and last updated 2021-04-22 18:32:40-04 SAN DIEGO (KGTV) — — California residents who qualify for the state s Golden State Stimulus may have already noticed the stimulus payments hit their bank accounts. The $600 or $1,200 payments aimed at supporting low-income Californians and those facing hardships due to the pandemic. The payments are part of a $9.6 billion spending deal that was passed earlier this year by state legislators and signed by Gov. Gavin Newsom.

Taxpayer identity theft concerns involving unemployment benefits

ColoradoBiz Magazine IRS expands Identity Protection PIN Opt-In program March 8, 2021 During the COVID-19 pandemic, the IRS has noticed increased cases of identity thieves fraudulently filing claims for and receiving unemployment benefits on behalf of taxpayers. These taxpayers are now receiving Form 1099-G, Certain Government Payments, showing an amount of taxable unemployment benefits they never received. On January 28, 2021, the IRS provided guidance for taxpayers who find themselves in this circumstance. Taxpayers who were incorrectly issued Form 1099-G for unemployment benefits they did not actually receive should contact the issuing state agency to request a corrected Form 1099-G showing zero unemployment benefits. Failure to do so may result in the taxpayer receiving an unexpected federal tax bill for unreported income. The taxpayer does not need to file Form 14039, Identity Theft Affidavit, which should only be filed if a taxpayer’s federal income tax return has been

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