Read more Stimulus Check Update: Millions to Get $750 TABOR Refunds in Mail In early July, Illinois launched the state's $1.83 billion Family Relief Plan, which included income and property tax rebates as well as a temporary cut in several sales taxes, such as the suspension of the 1 percent sales tax on groceries through June 30, 2023. Payments are expected to be issued by September 30, while those who have filed an extension with the Internal Revenue Service (IRS) have the June deadline pushed to October 17 and can expect to receive the checks by January 31, 2023.
The smallest amount issued will be $200, while the largest is $1,050.Ĭolorado is giving a tax rebate of $750 for individual filers and $1,500 for married couples filing jointly this summer, called the "Colorado Cash Back." To calculate how much you may be qualified to receive, check this estimator here. Payments will be issued by direct deposit or debit cards, and the amount will depend on income.
To receive the payment, Californians must have filed their 2020 tax return by October 15, 2021, must have not been a dependent in the 2020 tax year and need to meet the state's adjusted gross income (AGI) limits described here. In this photo, a woman checks an item from the refrigerated section while grocery shopping at a supermarket in Alhambra, California, on July 13, 2022. Several states are offering stimulus checks to their residents struggling with the increased cost of living. The payment is only available to residents who have lived in California for at least 6 months in the 2020 tax year or who are living in the state by the time the check is issued. State leaders say an estimated 23 million people qualify for the checks, which will be sent out between October 2022 and January 2023. Others are preparing to do so.Ĭheck out which states and residents are eligible for a stimulus check in the coming months below: CaliforniaĬalifornia is getting ready to issue another round of direct payments to millions of residents, this time in form of a tax refund of up to $1,050 called the "Middle Class Tax Refund." To help residents whose household budgets have been severely dented by rising food, gas and housing prices, several states -including Delaware, Florida, Georgia, Hawaii, Indiana, Minnesota and New Mexico- have already started rolling out direct payments. are still struggling, with the cost of living continuing to increase. Having hit a peak of 9.1 percent in June, has dropped to 8.5 percent last month, an encouraging sign that the Federal Reserve's efforts to cool down surging prices might be working.
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