Since millions of people were forced into poverty or suffered a sharp decline in their income as a result of the COVID-19 pandemic, the landscape of US welfare on both a federal and state level has undergone a radical upheaval.
Stimulus Packages For Each State
To help the population and businesses stay afloat, the US government created a variety of stimulus packages for each state. Providing so extensive charity is contrary to many American political ideals, but the epidemic was an exception. The stimulus money has now run out in many places, although some will still be handed out in 2023 in states where it took longer to disperse the funds.
Stimulus Checks 2023
California estimates that around 5% of its inflation relief checks, with a maximum value of $1,025, won’t be distributed until January 15. Additionally, rebate amounts are beginning at 350 dollars that depend on your income, the size of your home, and whether you file taxes. Colorado residents who submitted their 2021 taxes by the deadline of October 17 might still be awaiting their rebate money, which is worth $750 for single taxpayers and 1500 dollars for joint filers and is supposed to arrive by January 31.
As long as their annual income does not exceed $150,000, New Jersey renters should receive 450 dollars. These payments must be received no later than May. Renters, homeowners, and people with disabilities in older age groups in Pennsylvania were receiving payments; however, because the reporting due was December 31, payments would not be distributed until well into 2023. The maximum additional rebate, as determined by the state, is 975 dollars, although the maximum normal rebate is just 650 dollars.
Similar to Colorado, South Carolina will pay up to $800 to taxpayers who submitted their taxes after the October 17 deadline but before February 15 in March 2023. Idaho passed rebates for the 2022 Special Session, which will be distributed by the end of March 2023. The refund is greater than $300 for individual taxpayers or $600 for joint filers, or 10% of the taxpayer’s 2020 income tax bill reports MARCA.