With inflation still high, lots of Americans are looking for relief.
Luckily, six states are offering direct payments as financial assistance to residents.
Plenty of Americans are struggling financially due to high inflation, but luckily, these six states are offering direct payments this month:
1. Chicago, Illinois
In Chicago, eligible residents can apply for transit and gas cards each month. However, the deadline to apply for the upcoming drawing for $150 was August 1.
In order to be considered eligible, you must be a Chicago resident, be at least 18, and have a current and valid city sticker with the correct mailing information for your vehicle. Your income must also be at or below 100% of the area median income for Chicago.
From May through September, there will be a lottery held on the second week of each month to select participants. Those who have been selected will be notified via email.
The city of Chicago will issue 50,000 prepaid gas cards worth $150 and 100,000 prepaid transit cards worth $50. The cards will be distributed each month. If you missed this deadline, be sure to apply before the next. This can be done online, at any Chicago Public library, or by sending a letter via mail.
The deadline for Colorado residents to receive their refunds has passed. However, they can still claim the money, but there will be a wait. This applies as long as you file an extension by October 17. If you file after that date, your money will arrive in January.
If you filed your taxes before June 30, you should get a refund check in late August. The rebates are worth $750 for single filers and $1,500 for joint filers.
Nearly 60,0000 Florida residents will automatically get a check for $450. The one time payments will go to:
- Foster parents
- Relative caregivers
- Non-relative caregivers
- Families receiving TANF cash assistance
- Guardianship Assistance Program participants
According to the Florida Department of Children and Families checks should arrive between July 25 to August 7.
Residents of Hawaii are set to receive a one-time tax refund at the end of August. Those making less than $100,000 annually will receive a $300 rebate. People that make more than the threshold but less than $200,000 will get $100. However, families families can get more money. For example, a family of four can get up yo $1,200. The checks should be send out the last week of August.
5. New Mexico
In New Mexico, residents are getting their second round of tax rebates. The rebates are worth $250 for singles and $500 for couples filing jointly or as heads of households. The rebates are going to automatically to qualifying taxpayers who filed a 2021 Personal Income Tax (PIT) return.
Child tax credits of $250 per child have been approved in Connecticut. However, the maximum credit you can receive is $750. Unfortunately, the deadline to apply was July 31. In order to qualify, you must meet the income guidelines:
- Single or married and filing separately: $100,000 or less
- Head of household: $160,000 or less
- Married filing jointly: $200,000 or less
The rebate will be reduced by 10% for every $1,000 earned over the limit. The rebate is available to parents who claimed at least one child 18 or younger.