Many Americans are struggling financially because inflation is so high.
Luckily, some states are still distributing stimulus money.
Social Security: 2023 COLA is expected to be above average
A few states are stull sending stimulus money to their residents. Here’s a quick look at states providing payments and their plans:
California
California is distributing checks to eligible residents ranging from $350-$1,050. The amount of each check depends on income and filing status. It has been estimated that more than half of the state’s residents will qualify. The income limits are as follows:
- Single filers earning less than $75,000- $350
- Joint filers earning less than $150,000- $700
- An additional $350 available for qualifying families with at least one dependent
Distribution will begin in October and continue early into 2023.
Colorado
Colorado residents will be getting a tax rebate. Single filers will get $750 and joint filers will see $1,500. Those who filed state taxes by the June deadline will receive their payment by September 30.
Delaware
Delaware’s inflation relief check will provide each adult resident with $300. Individuals who filed 2020 and 2021 income tax returns on time began receiving payments in May
Florida
Around 59,000 low-income families in Florida will get $450 per-child payments. The $35.5 million in funding for the checks came from a Covid-19 stimulus package.
Georgia
Single filers in Georgia will receive $250, head of household will get $375, and couples filing jointly will get $500. Most refunds were delivered in early August.
Hawaii
Residents of Hawaii earning less than $100,000 will get a payment of $300. Those earning more than that but less than $200,000 will get $100. Check distribution starts in late August.
Idaho
Residents of Idaho and their dependents will get a payment worth r $75 or 12% of their 2020 taxes, whichever is greater. The state started making payments in March.
Illinois
Illinois’ Family Relief Program is offering tax rebates. The rebate will be worth $50 for single filers earning less than $200,000 or $100 for joint filers earning less than $400,000. An additional $100 will be available per dependent. Check distribution will begin around September 12.
The state is also offering income and property tax rebates worth up to $300.
Indiana
Indiana has already paid taxpayers $125. Governor Eric Holcomb authorized an additional taxpayer refund. It is worth $200 for qualifying individuals or $400 for joint filers. Direct deposits started in mind-August.
Maine
In June, Maine started issuing $850 rebate checks to qualifying residents. Joint filers received $1,700. Residents have until October 31 to file tax returns and qualify for the rebate. It is estimated that 858,000 people in Maine will receive the payments.
New Mexico
New Mexico will pay up to $1,500 to as many as one million state residents. Payment amounts will vary based on filing status and income.
South Carolina
South Carolina is sending one-time cash rebates worth up to $800. The money will be available to state residents who file a tax return by October 17. The payments will be made by the end of the year and 1.5 million people are expected to qualify.
Virginia
Qualifying Virginia residents will get a one-time payment worth $250. Joint filers will get $500. People who filed their state taxes by July 1 will get paid by the end of October.
Direct payment: $1,000 available on a first-come first-served basis– Who is eligible?
