SEVERAL states are eligible to still get stimulus checks up to $1,700, but it's dependent on your zip code.
Californians can claim a check worth up to $1,050 from the Golden State Stimulus payment.
On the other hand, Colorado residents who submitted their tax returns late in 2022 should also be expecting another stimulus check.
Full-time residents of Idaho in 2020 or 2021 should also be expecting a check.
If they were joint filers, they will get either $600 or 10 percent of their 2020 income, whichever is greater, the Idaho State Tax Commission reported.
Moreover, income tax rebates of up to $400 are still being distributed to Illinois residents.
The checks are available to any joint filers with an adjusted gross income of less than $400,000 in 2021, WIFR reported. That goes down to $200,000 for single filers.
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California families earning direct payments for another two years
The Yolo Basic Income Program (YOBI) started last spring, but the Board of Supervisors just voted to allocate an additional $550,000 for the California families it serves.
To qualify, families must have at least one child younger than six years old.
Nearly 76 households received monthly payments of $1,200 to $1,500 for two years.
YOBI preselected the families and applications were not open to the public.
The program is designed to boost these families above the poverty line in California, which is about $25,000 for a family of four.
Concerns mount over if relief checks are driving up inflation
Several economists and financial experts are worried inflation relief payments will actually further the rising rate of inflation, reports The Lee Daily Register.
Beth Akers, a senior fellow at the American Enterprise Institute, said handing out money during a period of inflation will only lead to further inflation.
Furthermore, she warned the checks could leave several states in the red next year as growth in tax revenue starts to decrease.
Austin increases E-bike rebates
Austin is increasing the current rebates for individuals and groups who purchase E-bikes, according to a memo from city officials.
The maximum rebate total for single E-bike purchases would increase from $600 to $1300 with combined rebates from Austin Energy (AE) and The Austin Transportation Department (ATD)
While group, multi-bike purchases would not be eligible for the ATD rebate, the maximum rebate would increase from $400 to $800 per unit.
In addition to E-bikes, most electric two-wheel vehicles, like mopeds and motorcycles, will also qualify.
City officials may adjust the specifics of the rebate expansion based on community feedback, the memo stated.
Tax season on the horizon
The IRS has yet to announce a start date for the 2022 filing season but it typically will accept tax returns in late January.
In 2022, taxpayers were allowed to start submitting their returns on January 24.
The IRS has started alerting filers to gather the necessary documents and information they will need to ensure smooth submissions early next year.
As the last quarterly payment for 2022 is due tomorrow, the IRS has advised filers to consider “estimated or additional tax payments” due to non-wage income coming from unemployment, self-employment, digital assets, or other avenues.
Colorado supplies up to $1,500 to residents
Coloradans who filed their 2021 tax return by the extended deadline of October 17 may still be waiting for their relief mailed relief checks.
The Colorado Cash Back program gives $750 to solo filers and $1500 to joint filers regardless of income.
Colorado plans on sending out all checks by January 31.
Idaho offers up rebate money
Idahoans had until New Year’s Eve to file their 2021 taxes and claim their rebates.
The state’s program gives $300 to solo filers and $600 to joint filers or 10 percent of a filers tax amount in 2020, whichever is larger.
An additional bonus rebate provides each taxpayer and dependent $75 or 12 percent of the filers tax bill in 2020, whichever is bigger.
Those who filed just before the deadline can expect their rebate in early 2023.
The state is sending out roughly 75,000 payments per week.
Low-income elderly benefit from PA rebate
Pennsylvania is offering multiple rebates for older, low-income renters and property owners.
The maximum combined payment is $1,657.50 depending on income, living situation and filing status.
The extended deadline to apply for the rebate passed on December 31, with the final remaining payments being sent out on a first come first serve basis in early 2023.
T-Mobile pays Americans big after data breach lawsuit
T-Mobile has agreed to pay over 76 million eligible users after settling its $350million data breach lawsuit.
The company will not only pay $350million to fund the claims submitted, but it will also spend an additional $150million on data security and related technology for the remainder of this year into 2023, according to a Securities and Exchange Commission (SEC) report.
According to T-Mobile, customers can grab $25 cash payments, while California residents are entitled to $100.
Plus, the company will reimburse you up to $25,000 if you had to spend time or money to recover from fraud or identity theft relating to the breach.
South Carolinians get up to $800
South Carolina has been sending out relief payments of up to $800 since the fall.
The ultimate refund amount depends on your tax liability from 2021.
While the original deadline to submit your 2021 tax return and claim the rebate passed on October 17, the state extended the deadline to February 15, 2023, due to Hurricane Ian.
Those who file by the February deadline should receive their check the following month.
Deadline approaching for New Jersey payment
Millions of Americans have until the end of the month to submit applications for a one-time direct payment worth up to $1,500.
The ANCHOR Property Tax relief provides more than $2billion in assistance for both homeowners and renters across New Jersey.
The Affordable New Jersey Communities for Homeowners and Renters scheme aims to provide residents with aid in the form of tax rebates.
Americans can file applications online, but there is a race against time as the deadline is January 31
Missouri universal basic income going out
A universal basic income (UBI) program has just been approved with a whopping $5million budget in Missouri.
The St. Louis Board of Aldermen in Missouri voted to approve $500 monthly payments to 440 families.
Mayor Tishaura Jones still has to approve the measure in order to finalize details.
If passed, $5million will be put toward providing low-income families with the payments for 18 months.
The money comes from pandemic recovery funds and will be used to help families who are still recovering from financial losses due to the pandemic.
Pennsylvania drivers receive $3,000 rebates
Depending on household income, the Pennsylvania Department of Environmental Protection (DEP) now offers rebates for drivers who go electric.
The payments are on a sliding scale from $2,000 or $3,000 after the (DEP) recently changed the maximum amount received from $750 and $1,000 for low-income applicants.
The program will offer rebates until June 30, 2023.
Massachusetts offers UBI
In Chelsea, Massachusetts, 2,000 eligible residents received monthly stipends ranging from $200 to $400 a month.
The program ran from November 2020 to August 2021 before launching a second phase, which will have 700 participants.
However, those who are selected will only get the cash for three months.
Georgia residents could see budget surplus payment
Georgia residents may see money coming from a surplus budget amounting to over $6billion.
The state ended the 2022 budget year with $6.6billion in surplus cash.
On January 9, the state will finalize a plan for the surplus.
Governor Brian Kemp announced plans to spend over $3billion from the $6.6 billion pot to distribute one-time tax rebates.
Oregonians can grab money from $10million pot
Oregon residents have a big check coming in the upcoming months as unclaimed funds from a $10million pot are being distributed.
Treasurer Tobias Read announced that nearly $10million in unclaimed funds will be returned by summer 2023.
“We’re excited to return millions of dollars in unclaimed funds to their rightful owners,” Treasurer Read said.
The unclaimed funds are part of the Checks Without Claims initiative that aimed to connect forgotten funds to their rightful owners.
Oregon residents can expect to claim checks ranging from $50 to $10,000.
More on Rhode Island’s electric car rebate
Rhode Island is offering a rebate program as an incentive for residents to choose greener cars.
The program began in July with a budget of $1.25million and is now down to about $829,000, WPRI News reports.
The most popular car brands are Chevrolet, Hyundai, Tesla, Toyota, and Volkswagen.
Rhode Islanders can get up to $2,500 for electric cars
A state program in Rhode Island offers up to $2,500 for purchasing an electric vehicle.
Residents can get up to $2,500 for a new electric vehicle, $1,500 for a used one, $1,500 for a new plug-in hybrid electric vehicle, and $750 for a used hybrid.
The program launched in July and has already given $1.25million to residents.
November sold 38 electric vehicles and over $89,000 in rebates were distributed, WPRI News reports.
Richmond property owners get new rebate
A deal has been made to give hundreds of thousands of Richmond residents property tax rebates next year under an $18million plan.
Richmond, Virginia Mayor Levar Stoney and six city council members have agreed on a plan to send out rebates which would reduce a property owner’s tax bill by five cents per $100 of assessed property.
Currently, property owners pay $1.20 for every $100 of property, but under the mayor’s Five Back initiative that number would go down to $1.15.
“So, a home assessed at $350,00 and a real estate tax bill of $4,200 would receive a one-time rebate of $175,” Mayor Levar Stoney said.
The rebates will cost the city $18million taken from its budget surplus for 2022.
Used electric vehicles qualify for rebate
If you’re looking to save some extra cash by purchasing a used vehicle, you’re in luck as you can still get a credit worth up to $4,000.
Similar to the new vehicle credits, there are limits on used EVs. They are:
- Income requirements: Consumers qualify if their modified adjusted gross income is less than $150,000 for married couples or $75,000 for single filers
- Vehicle price: The sale price can’t exceed $25,000
- Sale qualifications: Buyers only get the credit if it’s the first sale of the used vehicle. They can also only get the credit once every three years
- Vehicle qualifications: The car model must be at least two years old
Excluded worker stimulus comes to a close
The last round of excluded worker payments has been sent in New York.
The Excluded Workers Fund was expanded in 2022 to provide aid for undocumented workers that were ineligible to collect federal stimulus checks.
A total of $2billion in the state’s surplus was allocated for undocumented workers who earned less than $26,206 in 2020.
The fund has now been completely allocated.
Roberta Reardon, commissioner of the New York State Department of Labor said of the program, “It exemplifies the values of New York State and our ability to look out for our neighbors during the most difficult of times.”
Over $1billion in rebates sent to Illinois residents
Illinois residents have received a total of $1billion in income and property tax rebates under the Illinois Family Relief Plan.
The rebates were designed to help struggling families make ends meet, according to the Illinois Senate Democrats.
Families who filed 2021 state taxes were eligible to receive up to $700 and those who filed property taxes were eligible to receive up to $300.
Some Iowans to get $1400
The Direct Assistance Program in Johnson County was launched to provide low-income workers with a stimulus boost.
It was funded using $2million from Johnson County, $1.35million from Iowa City, and $27,000 from Coralville.
But, $2.68million of the funding was originally used, meaning more than 300 applicants were left out.
Officials claimed that the workers were excluded because they lived outside of Iowa City limits, according to the Iowa City Press-Citizen.
Inflation Reduction Act rebates, continued
The tax credits for buying electric vehicles apply to both new and used cars.
Although this law has been on the books for some time now, it was tweaked when the Inflation Reduction Act was signed.
Those who buy a new car will get up to $7,500 credit, and those who buy used cars will get up to $4,000.
It’s important to note the amount you’ll get depends on things like household income and the sale price of the vehicle.
Purchases of used vehicles will qualify for the tax break starting in 2023.
Thousands of dollars of rebates in Inflation Reduction Act
The Inflation Reduction Act includes tax credits and rebates for those who turn to cleaner energy sources.
The act provides credits for those who buy electric vehicles and energy-efficient appliances, install solar panels in their home, and more reports CNBC.
However, these incentives have different timelines for when payments will start going out.
Some consumers may have to wait until 2024 to reap the benefits.
Which state spent the most on stimulus checks?
Citizens across the country received financial aid over the last two years through direct payments.
These “state stimulus checks” helped residents make ends meet at the height of the pandemic, and during the historic inflation that followed.
Of all the states, Maine shelled out the most money to residents with checks going out for amounts between $850 and $1,700.
The payments depended on income and filing status, according to Yahoo Finance.
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