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Wednesday, September 28, 2022

Stimulus Check 2022: Will Citizens Get More EIPs?

Despite the economy‘s ongoing issues and growing prices for everything from housing and gasoline to eggs and bread, the federal government is unlikely to provide homeowners any stimulus checks in 2022.

However, some states have decided to take matters into their own hands and design their own stimulus checks. The following is a list of the states that are receiving stimulus checks.

Stimulus Checks For These States 

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California

California homeowners can get up to $1,050 in stimulus funds to help fight inflation.

Colorado

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Residents of the state who filed their 2021 tax returns before June 30 will receive a higher refund, according to the Colorado Department of Revenue.

Delaware

Delaware began giving taxpayers $300 “relief rebate” payments in May.

Georgia

For single taxpayers, heads of household, and joint filers, Georgia offers refunds in the amounts of $250, $375, and $500, respectively.

Hawaii

If a resident of Hawaii’s income in 2021 is less than $100,000 or $200,000 for joint filers, they will be entitled to a $300 tax credit this year.

Idaho

The payments provide each taxpayer and dependent $75 or 12 percent of their 2020 state income tax return, whichever is greater.

Illinois

Sales taxes will be temporarily reduced in Illinois, along with income and property tax refunds.

Indiana

All residents of Indiana will get $125 refund stimulus checks, regardless of their economic level.

Maine

A budget surplus has resulted in stimulus checks for households of up to $850.

Jersey, New

New Jersey Governor Phil Murphy has proposed setting aside $53 million to give $500 prizes to taxpayers who file their taxes using a taxpayer identification number rather than a Social Security number.

Central Mexico

A $500 tax credit will be given to all New Mexicans, with an extra $250 made accessible to those making less than $75,000 a year.

Minnesota

Front-line workers in Minnesota are entitled to a one-time payment of $750.

Oregon

After claiming the Earned Income Tax Credit, around 236,000 low-income individuals in Oregon are getting payments totaling $600.

Pennsylvania

Renters, elderly homeowners, and those with disabilities will get funds from Pennsylvania’s $121.7 million fund, which has been established.

South Carolina

Some South Carolina taxpayers will get a one-time payment of up to $800 under the state’s budget.

Virginia

For joint taxpayers, Virginia will provide a one-time payment in the amount of $500, or $250 for single filers.

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