Residents living in Missouri may be in luck and qualify for a $500 stimulus tax rebate check if a plan supported by the Senate passes.
The stimulus tax rebate would help residents offset the rising costs caused by inflation and the gas price spikes.
Eligibility for the $500 stimulus tax rebate
There would be certain eligibility requirements for those who could qualify for the rebate.
Individuals that earn less than $150,000 and married couples earning less than $300,000 would qualify for the money.
Individuals will see $500 payments, while joint filers will see $1,000.
The payments may be prorated to keep the amount paid by Missouri under $500 million.
The House had a plan like this one with no income requirement and a $1 billion dollar prorated limit.
In order to be eligible, you need to have paid taxes in the past. The money would be excess funds returning to taxpayers.
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