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Stimulus Checks: What States Are Offering and Whos Eligible

The pandemic has caused financial difficulties for many individuals and families across the country. While the federal government provided stimulus checks to many Americans, several states are also stepping up to provide their residents with additional financial support.

In this article, we will discuss the various states’ stimulus plans and eligibility criteria for their residents.

States Planning to Send Residents Stimulus Checks:

California:

The California Franchise Tax Board authorized Middle Class Tax Refunds of up to $600 for eligible taxpayers in 2021.

To be eligible, individuals must have earned less than $75,000 and filed their 2020 tax returns by May 17, 2021. Eligible taxpayers will receive their payment by October 15, 2021.

Idaho:

The Idaho Tax Commission approved tax rebates of up to $50 for single individuals and $100 for families in 2021. To be eligible, individuals must have filed their 2020 Idaho state tax returns by April 15, 2021, and have no outstanding tax liabilities.

The rebates will be issued by the end of August 2021. Maine:

The Maine Winter Energy Relief Payment provides eligible taxpayers with a one-time payment of $100 for heating fuel or electricity expenses.

To be eligible, individuals must have a federal adjusted gross income of less than $75,000 and filed their 2020 tax returns by May 17, 2021. Payments will be issued by July 2021.

New Jersey:

The ANCHOR Tax Relief Program provides eligible homeowners, renters, and ITIN holders with a credit on their property tax bills. To be eligible, individuals must have a total income of less than $75,000 and must have lived in the property for at least one year.

The credit amount varies by location and is based on the difference between the county’s average property taxes and the individual’s property taxes. The application deadline is October 31, 2021.

New Mexico:

The New Mexico state government has distributed two rounds of stimulus payments to eligible residents. The first payment was issued in 2020, and the second payment was issued in 2021.

To be eligible, individuals must have filed their 2019 or 2020 state tax returns and must have earned less than $75,000. The payment amount varies based on income level and dependents.

Pennsylvania:

The Property Tax/Rent Rebate program provides eligible individuals with a rebate on their property taxes or rent paid in 2020. To be eligible, individuals must be 65 years or older, widowed, disabled, or have an annual income of less than $35,000.

Additionally, individuals must have paid property taxes or rent in 2020 and meet other eligibility criteria, such as receiving Social Security benefits. Eligibility for Stimulus Support:

California:

To determine eligibility for the Middle Class Tax Refunds, the California Franchise Tax Board will use the income, filing status, and the number of dependents claimed on the taxpayer’s 2020 tax return.

Idaho:

Eligibility for the tax rebates is based on the number of family members claimed on the taxpayer’s 2020 Idaho state tax return and whether the taxpayer has any outstanding tax liabilities. Maine:

Eligibility for the Maine Winter Energy Relief Payment is based on the federal adjusted gross income listed on the taxpayer’s 2020 tax return.

New Jersey:

To determine eligibility for the ANCHOR Tax Relief Program, the total income, renters status, and ITIN holder status of the individual will be verified. New Mexico:

Eligibility for the New Mexico stimulus payments is based on the individual’s income level, dependents, and whether they received the first payment in 2020.

Pennsylvania:

Eligibility for the Property Tax/Rent Rebate program is based on the individual’s age, widow(er) status, disabilities, annual income limit, Social Security benefits, and property tax and rent payments made in 2020. Conclusion:

In conclusion, residents in several states have the opportunity to receive stimulus checks or rebates to provide financial relief during the pandemic.

Eligibility criteria for the stimulus plans vary based on income, filing status, dependents, and other factors. If you are a resident in one of the eligible states, make sure to review the eligibility criteria for the program and apply accordingly.

Stimulus payments have provided critical financial support for many families during the pandemic. While the federal government has distributed stimulus checks to millions of Americans, several states are also committing to provide financial aid to eligible residents.

In this article, we will delve into the stimulus payment amounts provided by each of the states with current stimulus plans.

California:

The California Franchise Tax Board is offering Middle Class Tax Refunds to eligible taxpayers in 2021.

These refunds range from $200 to $1,050 depending on the individual’s income and filing status. Taxpayers who filed as head of household and have an adjusted gross income (AGI) of up to $75,000 are eligible for up to $600 in tax refunds.

Individuals who filed single or married filing separately with AGI up to $75,000 can receive up to $600. Married couples who file jointly with AGI up to $150,000 are eligible to receive up to $1,200 in refunds.

Idaho:

The Idaho Tax Commission is issuing tax rebates to eligible taxpayers in 2021. The rebates will range from $600 to $900 based on the individual’s filing status and number of family members.

Single filers can receive up to $50, while married filers can receive up to $100. Families with one child can receive up to $200 in rebates, while families with two or more children can receive up to $300.

Maine:

The Maine Winter Energy Relief Payment provides eligible taxpayers with a one-time payment of $450 for heating fuel or electricity expenses. To be eligible, individuals must have an AGI of less than $75,000 and file their 2020 tax returns by May 17, 2021.

New Jersey:

The ANCHOR Tax Relief Program provides eligible homeowners, renters, and ITIN holders with between $450 and $1,500 in tax credits on their property tax bills. The credit amount varies by location and is based on the difference between the county’s average property taxes and the individual’s property taxes.

The program has expanded to include those who were ineligible for federal COVID-19 stimulus checks. New Mexico:

The New Mexico state government has distributed two rounds of stimulus payments to eligible residents.

The first round of payments, issued in 2020, provided up to $750 to eligible individuals. The second round of payments, issued in 2021, provided up to $1,000 to eligible individuals.

The payment amount varies based on the individual’s income level and the number of dependents. Pennsylvania:

The Property Tax/Rent Rebate program provides eligible individuals with rebates ranging from $250 to $975 based on the individual’s age, widow(er) status, disabilities, annual income limit, Social Security benefits, and property tax and rent payments made in 2020.

In Conclusion:

As each state’s plan is unique, the payment amounts offered to residents also vary. Residents in eligible states must apply to receive the stimulus payment.

Each program has its own eligibility criteria and payment amounts. So, residents should check their respective state’s tax department to assess their eligibility and submit necessary documents to receive the stimulus payment.

The stimulus payments are in addition to federal stimulus payments that have been disbursed to eligible Americans. It is advised that the recipients use these payments to pay off any outstanding debt or for other vital expenses.

In summary, several states have stepped up to provide financial support to their residents during the pandemic. Each state’s plan is unique, and the payment amounts offered to eligible residents vary based on income and filing status.

The stimulus payments are meant to provide critical financial support to those in need, and it is important that eligible individuals take advantage of these programs. It is suggested that recipients use these payments to pay off any outstanding debt or for other vital expenses.

Above all, these stimulus payments serve as a reminder of the importance of government aid during times of economic uncertainty.

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