It has been reported that the citizens of Illinois would be receiving a stimulus check tax rebate of around $100, along with a property tax refund that goes up to $300. Interestingly, this isn’t the only state that would be issuing out stimulus funds- in the state of Virginia, the Department of Taxation has already instituted a soft launch Friday on its program that would be sent out to around 3.2 million tax rebates.
And those residents of Colorado that had filed their tax return of 2021 by the 30th of June should ideally be receiving a rebate check by the 30th of September- solely due to the state’s Taxpayer’s Bill of Rights Amendment. So, what could be the other states that have been issuing payments for this month- and what is the maximum amount possible that eligible taxpayers could receive?
In California, millions of residents would receive the inflation stimulus check payments, with married couples with children receiving as much as $1,050. The payments, which would be coming out of the $97 billion budget surplus, would definitely be sent out as direct deposits or even debit cards, with the very first payments promised to be sent in October.
As it turns out, the money that every citizen would receive would be heavily dependent on their income, household size, as well as their status of tax filing. Single taxpayers who have been earning under $75,000 every year, and couples who have already filed jointly but earn under $150,000 a year will be receiving a sum of $350 per taxpayer. They could earn an extra $350 if they also have dependents. A married couple with children is expected to get up to $1,050.
The Other States That Have Been Issuing Stimulus Check Payments
Individual filers who have an annual earning of between $75,000 and $125,000 would be receiving $250 worth of stimulus checks. The amount would still be the same if it were a couple who filed and earned a sum between $150,000 and $250,000 per year. They could also receive an added payment of $250 if they have any dependents. A family with children could readily bring in a sum of around $750.
Individual filers, on the other hand, who have earned between $125,000 and $250,000 and couples who have earned anywhere between $250,000 and $500,000 annually would be receiving a sum of $200. A family with children, therefore, could ideally receive a sum of $600. It has been announced that single taxpayers who have earnings of above $250,000, and couples who earn more than $500,000 annually would be declared ineligible for the stimulus check payments.
In the state of Colorado, residents who have already filed their tax return for 2021 by the 30th of June will be receiving a physical stimulus check payment for $750 on the 30th of September, due to the 1992 Taxpayer’s Bill of Rights Amendment. In May, Governor Jared Polis also put in a bill that would get the refunds back to taxpayers sooner- with almost half of it having been cashed by late August. Filers who also received an extension and then filed their tax return by the 17th of October could optimally receive their refund by the 31st of January, 2023.
In Delaware, the Governor of the state- John Carney- went ahead and approved the Delaware Relief Rebate Program in April, which came with a stimulus check payment of $300- specifically kept aside for those residents who had filed their tax returns for 2020. Even if one did file the tax jointly, every person would be receiving the payment- which has already made the rounds.
Are You Eligible For A Payment?
In the state of Florida, close to 60,000 families have already received their one-time stimulus check payment of around $450 per child- which would be used to offset the costs of rising inflation, especially with a completely new school year-round the bend- as mentioned by Governor Ron DeSantis. In order to qualify for the payments, every family should be receiving the Temporary Assistance for Need Families.
They could also have to be a foster parent or a non-relative caregiver or even participate in the Guardianship Assistance Program. Remember, no one would have to apply for this benefit of their own accord- for it has already been mailed to most of the eligible recipients. And if one were to go by the Florida Department of Children and Families, the stimulus check payments have already arrived for many families during the back-to-school sales tax holiday- which was held between the 25th of July and the 7th of August.
Back in March, Governor Brian Kemp had signed a bill that authorized rebates to multiple taxpayers who had filled in their state returns for both 2020 and 2021. The single taxpayers in the state received a stimulus check payment of $250 in May, with several heads of households getting around $375 and married couples that filed jointly netting a sum of $500.
It has also been understood that partial-year residents, those who don’t really pay any form of income tax, or individuals who are owing the state taxes, could be receiving a far smaller rebate. The Department of Revenue had started bringing out the rebates in May, and according to this website, most of the residents who filed their state return for 2021 by the 18th of April could have already received their payments in early August.
In Hawaii, residents who have already earned under $100,000 in 2021, or $200,000 if they filed their taxes jointly- would be receiving a stimulus check amount of $300 this year, with dependents also considered eligible for the rebate. A qualifying family of four could receive as much as $1,200.