Several states are preparing to send out direct payments to their residents to provide inflation relief as Americans struggle with the rising costs of food, gas and housing.
Here are the states that will be sending out stimulus payments to their residents as soon as this month.
California
The Middle Class Tax Refund has issued 7,192,946 direct deposits and 9,408,036 debit cards to middle class Californians, totaling $9,065,218,450 in relief.
While the majority of payments have been issued, there are still payments requiring additional review that are still being processed.
You can check out the information and web portal for specific payment dates.
Idaho
Idaho sent its first round of rebates in March 2022 and the second round in September 2022.
The state is sending the funds, $300 for single filers and $600 for joint filers, to eligible residents based on when the state’s taxation department received their 2021 tax return.
Idaho’s taxation department will prioritize direct deposit payments followed by paper checks.
The funds are still being processed throughout 2023 as state residents file their tax returns.
Massachusetts
Taxpayers are eligible for a refund of 14% of their state tax liability. This means that people who filed their 2021 return before Oct. 17, 2022 should have received their refund in December 2022.
Taxpayers, who filed after this date and up to Sept. 15, 2023, should receive their payment a month after they filed their return. You can find more information about the refunds on the state’s tax website.
New Mexico
Residents can still receive a refund of $500 for individual filers and $1,000 for joint filers. But here’s the catch: Residents will have until May 2023 to file their 2021 taxes to receive the rebate.
New Jersey
New Jersey is sending residents stimulus funds as property tax rebates.
Homeowners with incomes up to $150,000 get a $1,500 rebate, while those with incomes between $150,000 and $250,000 get $1,000.
Renters also are eligible for a $450 rebate, if they don’t make more than $150,000.
Payments are scheduled to go out the first few months of 2023. Homeowners and renters should get them no later than May 2023.
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