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Inflation Relief Checks: When Will You Get Yours?

 2 years ago
source link: https://finance.yahoo.com/news/inflation-relief-checks-yours-120018007.html
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Inflation Relief Checks: When Will You Get Yours?

Andrew Lisa
Sun, August 28, 2022, 10:00 PM·4 min read
JJ Gouin / Getty Images/iStockphoto
JJ Gouin / Getty Images/iStockphoto

In light of elevated inflation and a summer travel season defined by record-high gas prices, some states are using budget surpluses or other means to lend a hand to struggling residents.

More than a dozen states are currently distributing payments or will start issuing rebates soon.

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In most cases, payments are contingent upon taxpayers having filed state returns. Those who requested filing extensions are typically still eligible but will receive payments later than those who paid their taxes on time.

If you live in one of the following states, your check might already be in the mail.

California

California Gov. Gavin Newsom announced that millions of households will receive checks up to $1,050, with stimulus amounts varying by income and filing status.

Single filers will receive between $200 — plus $200 for at least one dependent — and $350 plus $350 for at least one dependent. Additional dependents don’t qualify for more stimulus.

Joint filers will receive between $400 plus $200 for dependents and $700 plus $350.

Qualifying Californians can expect to receive their payments between October 2022 and January 2023.

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Colorado

Qualifying individual filers in Colorado will receive $750, and joint filers are eligible for $1,500 as part of the Colorado Cash Back tax rebate. Those who filed their taxes by June 30 will receive their payments by the end of September. Those who meet the Oct. 17 extension deadline will get their checks by the end of January 2023.

Delaware

Delaware House Bill 360 authorized $300 payments to every adult resident of the state, including some who didn’t file tax returns. Those who filed 2020 tax returns received their payments in May. Those who filed 2021 returns will receive payments throughout the summer.

Florida

Roughly 59,000 low-income Florida families with children will receive one-time payments of $450 per qualifying child, provided they are a foster parent, a relative or non-relative caregiver, TANF recipients or members of the Guardianship Assistance Program. According to CBS News, checks were set to arrive before the state’s back-to-school sales-tax holiday between July 25 and Aug. 7.


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