$500 Stimulus Check For Georgia Residents

0
108
Stimulus check

The Georgia House of Reps has approved a plan that would provide anyone who submitted their 2021 and 2022 tax returns a stimulus check of up to $500. This is a continuation of a tax credit that was passed last year and went into effect once both the 2020 and 2021 tax refunds were filed.

The Georgia Senate will now decide whether or not millions of people will have between $250 and $500 added to their tax refund. With a 170 to 2 vote in favor of approving the law, it has a good chance of passing the upper chamber. A crucial component of Republican Representative Brain Kemp’s successful reelection campaign in November was the expansion of this credit. Gov. Kemp is trying to uphold these promises after Georgia voters gave him the victory.

Do You Qualify For The Stimulus Check?

The Stimulus Check amount distributed varies according to a person’s filing status and if they are caring for at least one dependent: $250 for single filers without dependents; $300 for heads of households with dependents; and $500 for married couples filing jointly.

One caveat is that the tax credit size must be greater than the refund’s before the credit is added. The bill will now move to the Senate after being approved by the House of Representatives. The measure was passed by the Senate on March 16 of last year, so senators may still be discussing or changing it. A vote should happen soon because March is almost here.

Qualifying taxpayers can anticipate either an online payment or a paper check “depending on the taxpayer’s refund preferences, as stated on the taxpayer’s tax year 2021 return,” assuming the measure is approved by the Senate.