What states give or will give stimulus checks to residents? How much are the payments?

What states give or will give stimulus checks to residents? How much are the payments?

With inflation rates skyrocketing, some states are issuing stimulus checks to their residents. How much are the payments?
With inflation rates skyrocketing, some states are issuing stimulus checks to their residents. How much are the payments?

The annual inflation rate in the United States is at historical levels.

According to the Department of Labor’s Bureau of Labor Statistics, the year-over-year rate was 9.1% in June, the highest rate since December 1981.

Due to this, several states of the American Union have chosen to pass legislation to grant their own stimulus checks, also known as stimulus checks in English, to their residents, in such a way as to provide them with help to face the increase in prices of groceries and services.

What states give or will give stimulus checks to residents? How much are the payments?

Below, we share a list with the states where legislation has already been approved to send checks to their residents

California

Payments up to $1,050 plus an additional $200 if you have qualifying dependents. Payments begin in October via direct deposit and debit cards. You must have your tax return up to date.

Colorado

Tax refunds of up to $500. The exact amount depends on state revenue totals. Those who filed a 2021 tax return before June 30 may be eligible for a payment in September.

Delaware

$300 tax refunds. Since May, Delaware has been sending refunds to taxpayers who filed their 2020 state income tax return.

Georgia

$250 tax refund. Thanks to a historic state budget surplus, state residents with current 2020 and 2021 tax returns will be eligible for payments, based on their filing status:

  • Individual taxpayers: $250
  • Head of household: $375
  • Married filing jointly: $500

Hawaii

$300 rebates. In January, Governor David Ige proposed sending a tax refund to all Hawaiian taxpayers who earn less than $100,000 a year . Those who earn the most can receive $100.

Idaho

Tax refunds of $75 or 12% of your state taxes, whichever is greater, to full-time residents who have filed their 2020 and 2021 taxes.

Illinois

$50 refunds. In April, Illinois Governor JB Pritzker included rebate checks for state taxpayers in the state budget. Refunds are available to residents earning less than $200,000 per year, $400,000 per couple filing jointly.

Indiana

$125 rebates. Any taxpayer who filed a 2020 tax return postmarked on or before January 3, 2022 will be eligible to receive the payment.

Maine

Direct support payments of $850. Governor Janet Mills signed a budget for direct relief payments of $850 for Maine taxpayers with a federal adjusted gross income of less than $100,000, $150,000 if filing as head of household and $200,000 if couples file jointly.

New Jersey

$500 rebates. Governor Phil Murphy approved budget measures to send checks of up to $500 to nearly 1 million eligible families, including nonresident and resident aliens, their spouses and dependents.

New Mexico

$500 rebates. Taxpayers who earn less than $75,000 a year, $150,000 for joint filers, will receive a $250 refund ($500 for joint filers). The refund will be issued in July automatically to taxpayers who filed their 2021 state return.

Minnesota

Payments of $750 for frontline workers. Frontline workers began receiving a one -time payment of $750 as early as last May.

Virginia

$250 rebates. Payments will be issued through the end of September to residents who have filed a state tax return.

Melissa Galbraith
Melissa Galbraith is the World News reporter for Globe Live Media. She covers all the major events happening around the World. From Europe to Americas, from Asia to Antarctica, Melissa covers it all. Never miss another Major World Event by bookmarking her author page right here.