In 2023, many people are looking for financial help, and this year, several states are giving out payments to help.
The help will probably be appreciated by those who get it, since inflation in the U.S. jumped to 4.4% on an annual basis last month, which was not anticipated. Some of these payments were supposed to be sent out earlier this year, and others were just announced and haven’t been sent out yet.
Idaho
Residents of the Gem State will get a tax rebate from their 2022 taxes. The amount will depend on two things. The Idaho State Tax Commission says that people who get this rebate will get either $75 for every taxpayer and their dependent or 12% of the amount reported on Form 40 (line 20) or Form 43 (line 42) for qualified service members, whichever amount is higher.
New Mexico
Michelle Lujan Grisham, the Democratic governor of New Mexico, said in April that the state will send tax refunds to people who filed a New Mexico personal income tax return for 2021 by mid-June.
A statement from the governor says that single taxpayers will get a $500 refund, while married taxpayers who file jointly, heads of household, and surviving spouses will get a $1,000 rebate.
“Prices for basic needs are still high all over the country,” Lujan Grisham said. “Our state is doing very well financially right now, and I think it’s important that New Mexico’s families get a piece of that pie.”
Pennsylvania
The Property Tax/Rent Rebate Program in Pennsylvania helps people who are 65 or older, widows or widowers 50 or older, and people with disabilities 18 and older who live in the state. For this refund, you can’t make more than $35,000 a year if you own your home and $15,000 a year if you rent.
The highest standard rebate for people who are eligible for this payment is $650. However, qualifying homeowners can get extra rebates that can bring their total rebate up to $975. The least amount that a homeowner can get from this refund is $250, and the least amount that a renter can get is $500.
California
The Middle Class Tax Refund in the Golden State has given out more than $9 billion so far. Payments for this service started in October 2022 and ended on February 14, 2023. According to the California Franchise Tax Board, the most people could get from this payment was $1,050, and the least they could get was $200.
To be eligible for this payment, recipients had to meet a number of requirements, such as filing their 2020 tax return by October 15, 2021, living in California for at least six months during the 2020 tax year, and not being named as a dependent during that year.
Those who think they may have been qualified for this refund but never got a check can call the tax board at 800-542-9332.
Maine
Maine’s Winter Energy Relief Direct checks for $450 are sent to residents of the state who are qualified. The office of Democratic Governor Janet Mills says that $450 is given to single people and $900 is given to couples.
All payments from the Winter Energy Relief Payments were supposed to be mailed by March 31, 2023. Those who are waiting for their payment can check on its progress online.
New Jersey
The Affordable New Jersey Communities for Homeowners and Renters (ANCHOR) program in New Jersey gave homeowners who signed up $1,500 if their annual income was less than $150,000 or $1,000 if it was between $150,001 and $250,000. Renters, on the other hand, got $450 as long as they made less than $150,000 a year.
Up until February 28, people could fill out an application for this scheme, and payments started going out in May.
“This is money going right back into the pockets of about 2 million middle-class and working homeowners, seniors, and renters in New Jersey,” Gov. Phil Murphy (D-NJ) said in a statement. “These are the households where well over half of our people live.”
“For more than a million homeowners, ANCHOR’s straight relief will undo years of property tax increases, even up to a decade’s worth. And ANCHOR’s rent aid will help keep rents from going up for almost 1 million renters.”