Americans in some parts of the country are getting extra cash to help offset still-boiling inflation, with at least 21 states and one city offering financial relief to residents struggling with higher food, gas and rent.
Although consumer prices cooled slightly in July, they still rose 8.5% last month from a year ago, close to a four-decade high and more than quadrupling the Federal Reserve’s 2% target. This is what a mayor, governors and state legislators offer to help their city and state taxpayers.
Alaska
Alaskans can expect payments of $3,200 per person to start arriving in bank accounts on September 20, 2022, with the payment including $650 to offset higher fuel costs, the state announced last month.
California
The state’s $308 billion budget includes $9.5 billion in direct reimbursements for up to 1.05 million to 23 million residents, the governor’s office announced in late June (see eligibility information here ).
Colorado
Coloradans age 18 and older who lived in the state for all of 2021 are eligible for tax credits of $750 for individuals and $1,500 for joint filers by Sept. 30, 2022, according to the Department of Revenue state
Connecticut
An estimated 300,000 to 350,000 low- and middle-income families are eligible for a one-time tax credit of $250 per child in Connecticut, and checks are expected to be mailed in late August.
Delaware
Relief payments of $300 to offset rising grocery and fuel prices are being issued this summer to residents who filed their 2021 state tax returns on time, according to the Delaware Department of Finance.
Florida
State officials say about 59,000 families should receive checks for $450 per child, as long as they meet the eligibility criteria by July 1.
Georgia
Refunds of up to $500 are being mailed to taxpayers who filed their returns before the April 18 deadline because of a state revenue surplus, according to the IRS been
Hawaii
Checks of up to $300 will be issued in late August, with the amount of refunds based on income, tax filing status and exemptions, the Hawaii Department of Taxation says.
Idaho
Individuals who lived in Idaho in 2020 and 2021 are eligible for tax credits of $75 or 12 percent of their 2020 state taxes, according to the Idaho State Tax Commission.
Illinois
The state’s family relief plan includes suspending a 1 percent grocery sales tax until next June, a brief reduction in sales taxes for back-to-school purchases and freezing the state fuel tax for six months. Illinois also sends rebates of $50 to residents who make less than $200,000 a year and an additional $100 for up to three eligible dependents. State revenue officials say checks will begin to be sent out in September.
Chicago is also holding monthly lotteries through September to issue 50,000 prepaid $150 gas cards and 100,000 prepaid $50 transit cards for those making no more than $73,000 a year.
Indiana
Indiana residents who filed their 2020 and 2021 tax returns must pay a total of $325 by direct deposit or check. State officials also warn against potential scams via texts, emails or calls about refunds.
Maine
Single filers in Maine are entitled to $850 and couples $1,700, as long as they earn less than $100,000 or $150,000, respectively, according to the state’s revenue services agency.
Maryland
Maryland offers up to $2,000 to help low-income households with water billswith applications accepted on a first-come, first-served basis.
Massachusetts
Massachusetts residents they are likely to get a share of about $2.5 billion in surplus cash collected by the state, and individuals are expected to receive a refund equal to 7 percent of their 2021 state income tax payment.
Minnesota
About 667,000 frontline workers could receive $750 bonus checks in the coming weeks thanks to a law that sets aside $500 million for those who stayed on the job during the pandemic. Almost 18% of applicants were denied and those who passed will get one email informing them Thursday.
New Jersey
About 800,000 parents are eligible for $500 rebate checks under the New Jersey budget passed in June. It also provides relief to 1.1 million homeowners and 900,000 renters, although the details are still being worked out.
New Mexico
Taxpayers making less than $75,000 a year could get up to $750 in combined state rebates to help residents “cope with the rising price of gas, groceries and other household expenses,” officials say.
Oregon
Oregon used federal pandemic aid to send $600 payments to more than 236,000 low-income households, with direct deposits made or checks mailed between June 23 and July 1, 2022, according to state officials.
South Carolina
Residents who file tax returns by Oct. 17, 2022, can expect rebates of up to $800, with checks expected to be issued in November and December, South Carolina revenue officials say.
Vermont
The measure signed in late May gives families a $1,000 tax credit for each child six or younger. Half of the subscription will be paid monthly, and the balance will be paid when the beneficiaries submit their annual statement. The amount people get is reduced by $20 for every $1,000 of family income above $125,000, so a family with an annual income of $130,000 would get a $900 tax credit.
virginia
Residents who owe taxes for 2021 are eligible for up to $500 as long as they file their last year’s tax returns by Nov. 1, according to the Virginia Department of Taxation.
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