As 2024 draws to a close, rumours about a potential $800 stimulus check have been circulating widely on social media. Several reports on social media suggest the check is intended to support low-income individuals and seniors, offering some financial relief amid increasing living expenses.
According to these rumours, the payment could be distributed soon. However, before making plans based on this potential aid, it’s crucial to examine the facts. While the rumour may offer hope to those in need, there are valid reasons to question its accuracy. As of now, no credible government sources have confirmed this information.
Fact Check
The most critical point to note is that there has been no official announcement regarding an $800 stimulus check. Neither the Internal Revenue Service (IRS) nor the Department of the Treasury — the two main government bodies responsible for stimulus payments — has confirmed any details about such a payment. To date, no government agency has mentioned an approval process, eligibility requirements, or a distribution plan for a new stimulus payment.
Furthermore, major news outlets such as CNN and Fox News have not reported on the rumoured $800 stimulus check. Historically, significant stimulus plans have been widely covered by other media organisations. These rumours appear to have started on social media where stories can spread quickly, even when they aren't based on facts.
Citizens in California are eligible for $6000 Stimulus Checks in 2024
Franchise Tax Board (FTB) of California has introduced a new financial relief program to support low-income individuals and families. The program will be offering $6,000 California Stimulus Checks in 2024 to help offset the increasing living costs.
The FTB does provide a variety of credits for eligible residents, such as the Child and Dependent Care Expenses Credit, which allows expenses up to $6,000 for two or more dependents, and the California Earned Income Tax Credit (CalEITC), which offers up to $3,529 for qualifying low-income workers. These credits require meeting specific criteria and filing the necessary forms with the FTB.
No official information supports the existence of a $6,000 credit from California's Franchise Tax Board (FTB).