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Stimulation Check Updates: These States Are Sending "Inflation Relief" Payments

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Some states are helping with a one-time exciting rebate to offset the pain of higher prices, as high inflation afflicts Americans with extra financial burden.

Earlier this month, the Ministry of Labor reported that the June consumer price index rose 9.1% from a year ago. Fastest pace of inflation Since November 1981. The CPI is a broad indicator of the price of everyday items such as gasoline, groceries and rent.

Burning inflation creates serious financial pressure on most US households, forcing them to pay more for their daily necessities such as food, gasoline and rent. The burden is disproportionately borne by low-income Americans. Their already increased salaries are greatly affected by price fluctuations.

It takes a closer look at which states offer tax refunds to households and who is eligible for the money.

Inflation Timeline: Mapping Biden Managers’ Response to Rapid Price Rise

California

Democratic Governor Gavin Newsom has approved a state budget that includes an inflation relief check of $ 1,050 for couples with at least one dependent. Payments arising from California’s $ 97 billion budget surplus will be sent by 2023 as either a direct deposit or a debit card.

The first payment will be made in October.

  • Single taxpayers with an annual income of less than $ 75,000 are eligible for $ 350, and if they have dependents, they are eligible for an additional $ 350.
  • Couples who apply jointly and earn less than $ 150,000 a year will receive up to $ 700, plus $ 350 for their dependents, for a total of $ 1,050.

Payments are tapered for high-income earners.

Governor of California Gavin Newsom

Governor of California Gavin Newsom will leave the press conference on Monday, January 10, 2022, after announcing the $ 286 billion proposed state budget for 2022-2023 in Sacramento, California. (AP Photo / Rich Pedroncelli / AP News Room)

This money is technically a tax refund, returning approximately $ 9.5 billion to state residents.

Estimate the payment amount.

Colorado

Residents who file their 2021 tax returns by June 30 will receive a $ 750 check by September. Co-filers receive up to $ 1,500.

Filers who receive an extension and tax return by the deadline of October 17 will receive a tax refund by the end of January.

Democratic Governor Jared Polis signed a refund bill in late May.

Delaware

Residents of Delaware who filed their 2020 state tax return received a lump sum of $ 300 earlier this year. The jointly submitted couple received $ 300 per case. This bailout was aimed at helping Delaware people facing higher prices in grocery stores and petrol pumps.

Florida

Republican Governor Ron DeSantis announced last week that his administration was sending checks worth up to $ 450 per child to low-income households. An estimated 59,000 families will qualify for money.

Florida is paying for this initiative by redistributing the $ 35.5 million it received from President Biden’s COVID-19 bailout package, the US Rescue Program.

Eligible recipients include foster parents, relatives and non-relative caregivers, and families funded by Florida’s Temporary Assistance or Guardianship Program, according to a statement from the Florida Department of Children and Family Affairs. increase.

Florida Governor Ron DeSantis

Governor of Florida Ron DeSantis spoke at the Republican Jewish Union (RJC) Annual Leadership Conference on Saturday, November 6, 2021 in Las Vegas, Nevada. (Bridget Bennett / Bloomberg via Getty Images / Getty Images)

Authorities expect money to arrive before the “new semester” sales tax leave in Florida from July 25th to August 7th.

Georgia

Residents of Georgia who have filed both 2020 and 2021 tax returns are eligible to receive rebate payments based on their tax filing status.

  • Single filer: up to $ 250
  • Head of household: up to $ 375
  • Joint Marriage Declaration: Up to $ 500

The state was able to approve the rebate thanks to its historic budget surplus.

Hawaii

The Hawaii State Legislature approved tax refund earlier this year to provide $ 300 to residents who earned less than $ 100,000 in 2021. People who earn more than $ 100,000 receive a one-time $ 100 payment.

The Tax Department states that payments will begin processing in late August and most payments may be shipped by the end of October.

Idaho

In February, Republican Governor Brad Little signed a law offering each taxpayer and dependents $ 75, or 12% of 2020 state income tax debt, whichever is greater.

Idaho began mailing checks in March. You can check the status of your rebate online.

Illinois

Earlier this year, Illinois approved a $ 1.83 billion bailout package that included both income and property tax refunds.

Under the law, individuals who earn less than $ 200,000 in 2021 receive tax refund of $ 50. Couples who apply jointly and earn less than $ 400,000 in 2021 will receive a lump sum of $ 100.

Inflationary food prices

Shoppers look for produce in a supermarket in Rosemead, California, on Tuesday, June 28, 2022. ((Photo by FREDERIC J. BROWN / AFP via Getty Images) / Getty Images)

The filer can receive an additional $ 100 for each dependent who has claimed the 2021 tax and has up to three dependents. A family of five can receive as much as $ 400 under this bill.

Indiana

Thanks to Indiana’s Automatic Taxpayer Refund Act, the state has begun offering $ 125 payments to all residents regardless of income. Republican Governor Eric Holcomb has asked the Legislature to send an additional $ 225 to taxpayers.

Main

Taxpayers who file a 2021 state tax return and have a single adjusted total income of less than $ 100,000, a householder of $ 150,000, and a married and joint file of $ 200,000. You will receive a lump sum of $ 850. Couples submitting jointly can receive $ 1,700.

Minnesota

In May, Democratic Governor Tim Walz signed a bill authorizing payments of $ 750 to frontline workers. Eligible individuals must work at least 120 hours in Minnesota between March 15, 2020 and June 30, 2021.

Workers directly responsible for patient care for COVID-19 must have an annual income of less than $ 175,000 from December 2019 to January 2022. If the employee does not work directly with the COVID-19 patient, the payment base for the same period will be reduced to $ 85,000.

The application period is closed on July 22nd.

New Mexico

Earlier this year, Governor Michelle Ruhan Grisham said $ 250 if residents earn less than $ 75,000 a year, and $ 500 for co-declaring couples, heads of households, and surviving spouses with incomes less than $ 150,000. Approved measures to provide.

The August rebate will be added to the $ 250 and $ 500 previous payments sent in June.

Inflation used car

Pedestrians will pass a used car dealership in Miami, Florida on Wednesday, January 12, 2022. (Photo by CHANDAN KHANNA / AFP via Getty Images / Getty Images)

Pennsylvania

Keystone set up a property tax and rent refund program in July, funding disabled and elderly homeowners and renters from a $ 121.7 million fund. Those eligible for the program must access the myPath website or submit a paper application by December 31, 2022.

Payments can be made by direct deposit or check.

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The standard maximum rebate is $ 650, but some homeowners can qualify for a supplementary rebate of $ 975.

South Carolina

Some taxpayers are eligible for a one-time payment of up to $ 800. Details for getting a rebate will be announced later this year.

Virginia

Lawmakers approved tax refund only once in June. Taxpayers who file their tax returns by July 1st will receive a refund of $ 250 if they are single by October 31st, and couples who file their tax returns together will receive a refund of up to $ 500. You must file your tax return by November 1st to receive your rebate.

Residents who have moved or changed their names must update their information with the Virginia Tax Department by August 15.