In reaction to the coronavirus epidemic, the American economy entered complete shutdown mode in March 2020. The American government quickly implemented several stimulus plans to aid consumers and businesses. Even though the federal funds were long ago depleted, several states that joined the game later are still dispersing aid. A few regions still have payments due in 2023, even though several programs are set to terminate in 2022. Here is a short list of the states whose payments are still expected in 2019.
Colorado
Residents of Colorado who paid their taxes on time for the year 2021 certainly already have payments of $750 for single filers & $1,500 for joint claimers by September 30. The money, which is expected to arrive no later than January 31, 2023, may still be awaiting those who submitted an extension by the deadline of October 17.
Idaho
Idaho passed rebates for the 2022 Special Session, which will be distributed by March 2023 end. The refund equals $300 for single filers and $600 for individual filers, or 10% of the taxpayer’s 2020 income tax burden, whichever is larger. Approximately 800,000 payments totaling up to $500 million are expected to be sent, according to the state Tax Commission.
South Carolina
In November 2022, South Carolina started sending refund checks for up to $800 to eligible residents. Taxpayers who submitted their returns by the deadline of October 17 will get their payouts before the 2022 end, while those who did so after that date but before February 15, 2023, will get their reimbursements in March 2023.
New Jersey
Two million residents of New Jersey will get $2 billion worth of property tax refunds. Homeowners earning around $150,000 are eligible for $1,500 in rebate money, while those making between $150,000 and $250,000 are given $1,000. As long as their annual income does not exceed $150,000, renters are also eligible for $450. Payments are expected to come by May 2023, at the latest reports from Yahoo.
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