$2k Final Direct Payments for New Year Given by Seven States
Seven states are sending residents their last direct payments of 2022, some even worth up to $2,000. In California, over 20 million residents are waiting for their checks ranging from $200 to $1,050 as a part of the state’s $ 17 billion relief program that started in October.
California Governor Gavin Newson, along with state Atkins and Assembly Speaker Anthony Rendon have struck a deal on the budget for 2022-2023. This includes $ 17 billion worth of inflation relief in form of tax rebates.
Citizens of Colorado are to receive rebates worth $750 for individuals and $1,500 for couples. Those residents who have filed their tax returns late will get their rebates before January 2023 ends. The payout for single tax filers will be worth $750, and for joint filers is valued at $1,500.
Eligible taxpayers in Idaho can expect rebates in the coming weeks if they have filed their tax returns by December 31. By the Idaho State Tax Commission, full-year residents will receive $300 for single filers and $600 for joint filers which is equivalent to 10% of the taxes paid recorded on a taxpayer’s 2020 income tax bill.
Citizens of Pennsylvania can apply for a rebate by the new year to claim a check of up to $975. Homeowners must have an income lower than $35,000 annually and renters must have an income lower than $15,000. Applications are open until the 31st of December.
Seven States to Give Final Direct Payment in 2023
Taxpayers who have filed 2021 state income tax returns by October can expect to claim a rebate worth up to $800 in South Carolina. If the residents filed their 2021 SC Individual Income Tax Return by October 17 they will get this refund before the year ends.
Virginia taxpayers that have filed tax returns by November can expect to claim a check worth up to $500. To be eligible for the payments, you should be 18 years old and older, a resident there have a household income at or below 50% of the area median income. According to a published post by The US Sun, taxpayers are to expect their first check in the last week of January 2023.
Lastly, one-time payments in New Jersey of up to $500 were delivered in early December to assist the residents that were not qualified for federal stimulus payments. New Jersey residents are to receive a different amount which will be dependent on their income.
Those working under $150,000 will get $1,500, while those making between $150,000 and $250,000 would receive $1,000. Renters will also receive a rebate based on the New Jersey Department of Taxation, but they will only receive a $450 credit and must make less than $150,000 yearly.
