The IRS provided 3 Economic Impact Payments (EIPs) for qualified taxpayers to help Americans survive the pandemic. A total of $3,200 was sent in March 2021, $1,400 in March 2021, and $600 in April 2020. Twenty states released their stimulus payments, which were separate from and in addition to the federal EIPs. Here are the top 5 states where citizens received more than $4000.
New Jersey Stimulus Payments
The maximum federal stimulus amount allotted to each person is $3,200, and the entire state stimulus amount allocated to each person is $1,500. Hence, the aggregate maximum stimulus per individual is $4,700. In New Jersey, property tax rebates ranged from $1,500 for homeowners earning up to $150,000 to $1,000 for renters earning between $150,000 and $250,000—rental income of up to $150,000 earned $450.
New York Stimulus Checks
The maximum federal stimulus amount allotted to each person is $3,200, and the entire state stimulus amount allocated to one person is $1,200. Hence, the overall maximum stimulus per individual is $4,400. Property tax reimbursements of up to $1,050 were given to around 3 million New Yorkers who possessed properties. Additionally, Mayor of New York City Eric Adams signed measures allowing for property tax refunds of up to $150 for a large number of low- as well as middle-class city residents.
California Stimulus Payments
In California, the maximum federal stimulus amount allotted to each person is $3,200, and Per-person maximum state stimulus amount is $1,050. This, California’s maximum annual stimulus per individual is $4,250. California is aware of the difficulties its taxpayers face. The state distributed a fourth wave of stimulus payments of up to $1,050. Up to 23 million Californians got these payouts as part of the state’s “inflation relief” scheme.
Pennsylvania Stimulus Payouts
The maximum federal stimulus amount allotted to each person is $3,200, and the entire state stimulus amount assigned to one person is $975. Oregon’s maximum annual stimulus per individual is $4,175. Select Pennsylvania householders qualified for the maximum statutory rebate of $650 under the $121.7 million Property Tax/Rent Rebate Programme; however, additional rebates for qualified homeowners increased the payout to as much as $975.
Maine Relief Fund
The maximum federal stimulus amount allotted to each person is $3,200, and the total state stimulus allowed per person is $850. Hence Maine’s maximum annual stimulation per person is $4,050. Maine residents who filed state tax returns in 2021 and earned less than $100,000 annually were eligible to receive $850 in direct relief funds in 2022, reports Yahoo Finance.
