Several states are looking to provide financial relief to residents, coming in the form of inflation relief, one-time direct payments, or tax rebates. Here are the five states that are sending out payments through the year’s end.
California
Millions of residents began receiving inflation checks in October, with 95% of all checks anticipated to be sent by the end of this year.
Eligible residents will receive a payment based on their income, tax-filing status, and household size. Couples making less than $150,000 a year with children could see a stipend as much as $1,050, receiving $350 per taxpayer and an extra $350 for dependents.
Those in the $75,000 to $150,000 range for single filers ($150,000 to $200,000 for couples) could receive as much as $750, and individual filers making $125,000 to $250,000 ($250,000 to $500,000 for couples) could receive up to $600.
Illinois
Illinois families can receive up to $300 for a family of four, with single filers receiving $50 rebates and $100 per dependent. Filers can claim up to three dependents.
The rebates are part of the state’s $1.83 billion relief legislation, including income and property tax rebates that were sent out at the start of this month and will continue. There is also a temporary cut in multiple sales taxes from July 1, 2022, to June 30, 2023.
Massachusetts
Massachusetts is one of the few states that is not set on a rebate payment index. While the state’s financial executive office confirmed taxpayers would get back almost $3 billion in tax revenue, it determined in late October that the new refunds would be about 14% of their tax bill for 2021, which was a 1% increase from the last time the state issued a rebate, which was only once before.
This is in addition to the $500 checks the state sent to low-income workers earlier this year.
Pennsylvania
Pennsylvanians who were already “approved for a rebate on property taxes or rent paid in 2021 will receive an additional one-time bonus rebate later this year,” the state’s Department of Revenue said on its website. The department also noted that “the one-time bonus rebate will be equal to 70% of your original rebate amount,” which was a maximum of $650 for nonhomeowners and $975 for qualifying homeowners. Both groups will receive an additional $455 and $682.50, respectively.
The deadline to apply for rebates was also extended to Dec. 31, with no additional application needed for the bonus rebate.
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South Carolina
South Carolina is also sending payments out later than most, with refund checks of up to $800 set to arrive in late November or December.
Any resident who filed taxes will receive a rebate based on their tax liability, with $800 as the maximum cap. Residents can file after the Oct. 17 extension deadline but before Feb. 15, 2023, and then get their rebate in March 2023.
