Search
Press "Enter" to search and "ESC" to close.

US states that will give financial relief to their residents

2022-07-28T14:31:02+00:00
Getting your Trinity Audio player ready...
Suscríbete a Nuestro Boletín
Recibe por email las noticias más destacadas
  • Residents of dozens of US states are set to receive direct payments.
  • In view of rising inflation, state governments have decided to create relief programs.
  • States like Illinois temporarily suspended taxes on groceries and gasoline.

After the federal government issued stimulus checks to most Americans during the height of the Covid pandemic, it is less and less likely that this type of federal aid will be repeated despite the fact that people are now dealing with inflation that is higher than we’ve seen in years.

Given that there will be no federal aid in the near future, the governments of dozens of US states have decided to create programs that provide help to their residents, either through direct payments or temporary tax relief, to combat inflation, according to Business Insider.

Which states will offer aid?

checks in usa

Photo: Getty

Florida Governor Ron DeSantis announced on July 21 that the state will send about 60,000 eligible families a one-time aid check worth $450 per child beginning this week. Also, the governor of California, Gavin Newsom, signed a relief package that includes the suspension of the state tax on sales of diesel as well as help for rent and utility bills.

In California, more than half of residents are eligible for a check for up to $1,050. Single filers with at least one dependent will receive an additional $350 if they earn less than $75,000, $250 if they earn between $75,001 and $125,000 a year, or $200 if they earn between $125,001 and $250,000 a year.

Check for up to $1,500 available for millions

check

Photo: Twitter

Colorado will send a $750 refund to individual taxpayers and a $1,500 check for taxpayers filing jointly. State Governor Jared Polis urged residents who have not filed a tax return to file an extension by Oct. 17, 2022, in order to receive a refund in January 2023.

On the other hand, Delaware also joined the list of states that are creating a refund program that will send a one-time payment of $300 per taxpayer or $600 for joint filers. Payments will be sent this summer. Georgia also announced that it will issue one-time refunds of $250 for individual filers, $500 for joint filers and $375 for heads of households. Filed Under: Checks in the US

Refunds and temporary tax suspension

economic relief

Photo: Shutterstock

Hawaii Governor David Ige signed a tax refund law that will send a $300 check to individual taxpayers who earn less than $100,000 a year and a $100 payment to those who earn more than $100,000 in the last week of August. Idaho residents will receive a one-time payment of $75 per taxpayer and each dependent or 12% of their income tax amount.

Meanwhile, in Illinois, thanks to the state’s Family Relief Plan, food, gas and property taxes have been temporarily suspended for all state residents. Similarly, the state government will send a $50 tax refund to those who earned less than $200,000 in 2021. Taxpayers will also receive a $100 check per dependent. Filed Under: Checks in the US

When will payments be sent?

check

Photo: Shutterstock

Business Insider reports that, in Indiana, residents will get a tax refund of $125 for single filers and $250 for joint filers who filed their 2021 tax return by April 18, 2022. Nearly 850,000 residents of Maine are receiving $850 relief checks.

In Massachusetts, $500 checks will be sent to more than 300,000 low-income workers. In New Jersey, almost a million eligible families will receive a refund check of up to $500 in the summer, while in New Mexico, payments of $250 were approved for individual filers who earn less than $75,000 and payments of $500 for joint filers who earn less that $150,000. The checks will be sent during the month of July. Filed Under: Checks in the US

Follow MundoNow on Google News and scroll through your favorite content faster!
Etiquetas: ,
Money
Related post
Regresar al Inicio