Americans in some parts of the country are getting extra cash to help offset still-simmering inflation, with at least 21 states and one city offering financial relief to residents struggling with higher groceries, gas and rents.
Although consumer prices cooled slightly in July, they still rosefrom a year ago — near a four-decade high and more than four times the Federal Reserve’s 2% target. Here’s what a mayor, governor, and state legislature are offering to help taxpayers in their city and states.
Alaskans can expect payouts of $3,200 per person to hit bank accounts on Sept. 20, 2022, with the payment including $650 intended to offset higher fuel costs, the state announced last month.
The state’s $308 billion budget includes $9.5 billion in direct reimbursements of up to $1,050 to 23 million residents, the governor’s office announced in late June (see eligibility information here.)
Coloradans ages 18 and older who lived in the state throughout 2021 have until March 30, according to the state Treasury Department.
An estimated 300,000 to 350,000 low- and middle-income families in Connecticut are eligible for a one-time tax credit of $250 per child, with checks expected to be mailed in late August.
According to the Delaware Department of Treasury, $300 in aid payments will be made this summer to offset higher food and fuel prices for residents who filed their 2021 state tax returns on time.
State officials say aboutfor $450 for each child provided they meet the criteria to be eligible by July 1st.
Refunds of up to $500 will be mailed to taxpayers who filed returns by April 18 on state revenue overage, according to the state’s Treasury Department.
Checks for up to $300 will be issued in late August, with refund amounts based on income, tax return status and tax exemptions, the Hawaii Department of Taxes says.
Individuals who resided in Idaho in 2020 and 2021 are eligible for tax rebates of either $75 or 12% of their 2020 state taxes, according to the Idaho State Tax Commission.
The state’s family relief plan includes suspending a 1% sales tax on groceries through next June, a short-term cut in back-to-school sales taxes and a six-month freeze on the state’s fuel tax. Illinois is also sending $50 rebates to residents making less than $200,000 a year and an additional $100 for up to three eligible dependents. State Treasury officials say the checks will be mailed in September.
Chicago is also hosting monthly sweepstakes through September, giving away 50,000 $150 prepaid fuel cards and 100,000 $50 prepaid transit cards to those not making more than $73,000 a year.
Indiana residents who filed their 2020 and 2021 tax returns are due a total of $325 via direct deposit or check. State officials are also warning of potential scams via text, email, or phone calls regarding refunds.
Single parents in Maine are eligible for $850 and couples for $1,700 provided they earn less than $100,000 and $150,000, respectively, according to the state tax agency.
Maryland is offering up to $2,000 to helpApplications are accepted on a first come, first serve basis.
Massachusetts residentsabout $2.5 billion in excess cash being collected by the state, with people expected to receive a refund equal to 7% of their 2021 state income tax payment.
Some 667,000 frontline workers could receive $750 in bonus checks in the coming weeks thanks to a law that will set aside $500 million for those who stayed on the job during the pandemic. Almost 18% of applicants are rejected and those who are admitted receive oneon Thursday.
About 800,000 parents are eligible for $500 rebate checks under the New Jersey budget approved in June. It also relieves 1.1 million homeowners and 900,000 renters, although details are still in the works.
Taxpayers making less than $75,000 a year could get up to $750 in state rebates to help residents “cope with rising prices on gasoline, groceries and other household expenses,” officials say .
Oregon used federal pandemic assistance to send $600 in payments to more 236,000 low-income households, making direct deposits or sending checks between June 23 and July 1, 2022, state officials said.
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 tax officials say.
The measure, signed in late May, offers families a $1,000 tax credit for each child under the age of six. Half of the credit is paid out monthly, the remainder when the annual tax return is submitted. The amount people receive is cut by $20 for every $1,000 of household income above $125,000, so a family with an annual income of $130,000 would receive a $900 tax credit.
Residents who owe taxes for 2021 are eligible for up to $500 as long as they file their tax returns for the most recent year by November 1, the Virginia Department of Taxation notes.