Half a dozen states will be sending direct payments to residents.
The payments will be sent out in September and can be worth up to $3,200.
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In June, Alaskan Governor Mike Dunleavy signed a bill into law that will grant residents $3,200. Citizens will get $650 as an energy relief payment and another $2,550 as part of the state’s Permanent Fund dividend. The Permanent Fund dividend pays an amount of the state’s oil wealth to residents each year.
Both payments will be sent out together as a lump sum of September 20. Alaskan residents that have direct deposit set up should see the money almost immediately. However, residents that are getting paper checks will likely see the money in early October.
Colorado residents will also be getting cash in September thanks to the state’s Taxpayer’s Bill of Rights (TABOR). TABOR requires the state to return leftover state revenue. Nearly every taxpayer in Colorado will get a check for $750 and couples filing jointly will get $1,500.
Anyone who filed a 2021 Colorado tax return but moved out of the state in 2022 is still eligible. If you filed your tax return by June 30, 2022, your check should arrive by September 30.
Hawaii started sending rebates this month to help taxpayers cope in increasing prices. Taxpayers making less than $100,000 annually will get $300. Those earning more than $100,000 but less than $200,000 a year will be eligible for $100.
Families will also receive rebates for each dependent in the house. According to Hawaii’s Department of Taxation, the state will start sending refunds during the last week of August. However, if you are getting a paper check, it likely won’t arrive until September.
The Virginia General Assembly has approved a tax rebate for eligible residents. Residents that filed their taxes before July 1, 2022 should be getting a rebate in September or October this year.
Tax liability is amount of taxes owed minus any credits throughout the year. This is what is used to determine if they receive the one-time payment. Individual taxpayers could see $250 and $500 for couples filing jointly.
Residents who think they may qualify for the tax rebate must file their taxes by November 1 if they haven’t already.
Illinois Governor JB Pritzker announced that residents will get at least $50 as part of an income tax rebate. Joint filers will receive $100 and families with three dependents can get up to $300. All payments are expected to be sent starting the week of September 12.
Applications for a direct payment of $750 for frontline workers in Minnesota closed July 22. These checks were reserved for those that had worked on the frontline during the Covid-19 pandemic. Officials expected about 667,000 people to apply.
However, 1.2 million residents applied, dropping the average payment to about $400. The state is still processing applications and appeals, and the final payment amount will be announced when the review process ends.