Are The Rumors True About a 4th Stimulus Check?
(RepublicanDaily.org) – The federal government issued three rounds of economic impact payments during the height of the pandemic. These payments were designed to help struggling Americans revitalize a stagnating economy. While work is slowly rebounding from the pandemic shutdowns, inflation is causing dramatic rises in everyday necessities such as food and gas prices. Due to this, many Americans are left wondering if they will receive a fourth check this year.
Unfortunately, Congress has made it clear that they will not be issuing another stimulus check in the near future. That is not stopping some states from taking it upon themselves to help their residents to afford the rising post-pandemic prices. Keep reading to find out more about these refunds, their eligibility requirements, and whether your state is participating.
Which States are Issuing Stimulus funds?
According to Forbes, the following ten states have already approved rebate legislation for some or all of their residents. They include:
Minnesota
Frontline workers and first responders will be eligible to receive a one-time payment of $750 courtesy of Governor Tim Walz. Workers must apply to the Minnesota Front-line Worker Pay Program by July 22 to be eligible for this program.
Hawaii
According to Governor David Ige, Hawaiians earning 100,000 per year or less will receive a tax rebate of $300. They can still receive $100 back if they make over this cap.
New Mexico
According to legislation enacted by Governor Michelle Lujan Grisham, New Mexico residents will receive multiple tax rebates during 2022. Residents earning less than $75,000 annually can receive $750 in rebates under these programs. These rebates will be applied to eligible residents’ taxes returns as refunds or owed taxes.
Indiana
Indiana residents who filed their 2021 tax returns will receive a one-time payment of $125. Married couples who jointly filed will receive $250. These refunds will be issued via direct deposit or check later this summer.
Colorado
Colorado residents can look forward to a minimum of $400 later this year, according to Governor Jared Polis. If you filed your 2021 tax return by June 30, you will receive your refund in September. Remember that the refund amount will vary based on state revenue totals.
Idaho
Governor Brad Little enacted a plan to give over 800,000 rebates to residents who filed their 2020-2021 tax and grocery credit refunds. Eligible residents will receive either $75 or 12% of their state taxes, whichever is higher. These refunds will be issued via direct deposit when possible. Those without access to direct deposit can still receive their refunds via check later this year. Check the status of your rebate here.
Indiana
Indiana residents who filed their 2021 tax returns as single will receive a one-time payment of $125. Married couples who filed jointly will receive $250. These refunds will be issued via check or direct deposit later this summer.
Maine
According to Governor Janet Mills, residents of Maine will receive $850 in direct relief payments if they make less than $100,000 per year or $150,000 as head of household. Couples who file jointly will receive a total of $1,7000 and can make up to $200,000.
Even if you are not usually required to file your taxes, if you submit your return by October 31, 2022, you can still qualify for this payment. Check with your state offices to learn more.
Georgia
Governor Brian Kemp is issuing tax rebates to eligible citizens in Georgia. Taxpayers who filed for 2020-2021 can receive $250 if they filed as single, $375 for head of household, and $500 for married couples who filed jointly.
New Jersey
Governor Phil Murphy announced a $2 billion tax relief program for 2023. This program, known as the Affordable New Jersey Communities for Homeowners and Renters (ANCHOR), provides the following benefits:
- Renters making less than $150,000 will receive $450 per year in property tax credits.
- Households making less than $150,000 will receive $1,500 per year in property tax credits.
- Households making $150,000- $250,000 will receive $1,000 per year in property tax credits.
While New Jersey residents won’t see a physical check-in in 2022, they can receive significant savings on their 2023 tax returns.
Delaware
Delaware residents were issued $300 direct relief payments starting in May. If you filed your 2020 tax refund, you should have already received this payment. If you have not, and you feel like you should have, you can check the Delaware Department of Finance’s website to find out the status of your payment and whether you are eligible.
These ten states are enacting legislation to support their residents in the wake of the pandemic. While each state offers a different program, they are working to ensure their residents can save on taxes and groceries or receive money back. Additionally, several states are in the planning stages. If your state is not yet on this list, don’t despair. Check back soon, as we will be updating you with more information. Remember, just because the federal government is not issuing checks does not mean you will not receive funding in 2022.
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