Attention Americans: Updated Info On 4th Stimulus Check
(ConservativeInsider.org) – During the COVID-19 pandemic, the federal government issued three rounds of stimulus checks or economic impact payments. While the economy is slowly rebounding from the pandemic shutdowns, many Americans wonder if they will receive a fourth check this year.
Unfortunately, Congress has made it clear that they will not issue a national check any time soon, but some states are taking it upon themselves to help out their residents. Read on to learn more about these refunds and whether your state is participating.
Which States are Issuing Refunds?
According to Forbes, the following states have already approved rebate programs for their residents; they include:
Governor Phil Murphy announced his tax relief program, which will impact over two million families. This program allows up to $2 billion in tax relief through the Affordable New Jersey Communities for Homeowners and Renters (ANCHOR) program. This program provides the following property tax breaks.
Households making between $150,000 to $250,000 annually will receive up to $1,000 in tax credits.
Renters making up to $150,000 annually will receive $450 in tax credits annually.
Residents will not receive a check in 2022, but they will be able to receive tax rebates in 2023, lowering the amount of taxes owed or even increasing their refunds.
According to Governor Michelle Lujan Grisham, New Mexico residents will receive multiple tax rebates. Those earning $75,000 or less annually can receive up to $750 in rebates under various programs. These rebates will be applied to eligible residents’ taxes as refunds or to owed taxes.
Hawaiian residents will receive a tax rebate of up to $300 if they earn less than $100,000 per year. If they make over that amount, they can still receive $100.
Coloradan taxpayers can look forward to at least $400 later this year, according to Governor Jared Polis. If you filed your 2021 tax return by June 30, you will begin receiving the refunds in September. Just remember that the refund amount will vary based on state revenue totals.
Governor Brian Kemp is issuing tax rebates to eligible citizens in Georgia who filed for 2020-2021. They could receive up to $250 if they filed as single, $375 for head of household, and $500 for jointly filing married couples.
Frontline workers and first responders will be eligible to receive a one-time payment of $750 courtesy of Governor Tim Walz. To be eligible for this program, workers must apply to the Minnesota Front-line Worker Pay Program by July 22.
Residents of Indiana who filed their 2021 tax returns will receive a one-time payment of $125 if they were single filers. Married couples who jointly filed will receive $250. These refunds will be issued via direct deposit or check later this summer.
Residents of Maine will receive checks for up to $850 in direct relief payments. Individuals making under $100,000 or are the head of household earning $150,000 or less are eligible for these payments. Couples who file jointly can make up to $200,000 and receive a check for $1,700.
Even if you don’t typically file (and you asked for an extension on your taxes), you have until October 31, 2022, to submit your taxes and qualify for relief payments. Maine also increased the amount of the state’s Earned Income Tax Credit.
In February, Governor Brad Little enacted a plan to give over 800,000 rebates to residents who filed their 2020-2021 tax and grocery credit refunds. Eligible recipients will receive either 12% of their state taxes or $75, whichever is more. These refunds will likely be issued via direct deposit, though those without access to direct deposit can still receive their refunds later this year via check. Check the status of your rebate here.
Starting in May, Delaware residents were issued $300 direct relief payments If they filed their 2020 tax refund. If you feel you should have received this payment and did not, you can check the Delaware Department of Finance’s website to find out the status.
Remember, just because the federal government is not issuing stimulus checks does not mean you will not be able to receive funding in 2022. These nine states have enacted legislation to support their residents due to pandemic-related inflation. Even better, several states are currently in the planning stages of similar legislation. If your state is not yet on this list, keep checking back as we will update you with more information as it is available.
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