State governments are, however, giving some people special tax breaks.
A bill to pay money to residents has been passed in 15 states. Here is a breakdown of which states will be sending tax rebates and how much.
California
Due to a surplus in the state budget, couples earning up to $75,000 annually will start receiving $700 from the state in October. Individual taxpayers making up to $75,000 will receive $350. If there are qualifying dependents in the family, they will additionally receive $350.
A phased benefit with a maximum payment of $200 per person ($400 per couple filing jointly) will be provided to those who earn between $75,000 and $150,000 annually.
Colorado
According to Newsweek, taxpayers in Colorado can anticipate receiving about $500 sometime in September if they submitted a tax return by June 30. The state department of revenue stated that the precise amount will depend on the state of state revenue.
Delaware
Every Delaware taxpayer who submitted a 2020 state tax return ought to have received a $300 “relief rebate” starting in May.
Residents who haven’t submitted their state tax returns for 2020 are qualified for the reimbursement. Forbes.com, however, reports that the announcement of instructions is scheduled for October 17.
The Delaware Department of Finance is where you can inquire about your rebate status.
Georgia
Residents of Georgia who submitted both their 2020 and 2021 tax returns may be eligible for rebates of $250, $375, or $500 depending on their tax filing status.
The maximum rebate is $250 for those who file alone, $375 for those who do so as the head of household, and $500 for those who file jointly with their spouse.
If you owe income tax or other obligations, such as past-due child support, the Georgia Department of Revenue states that you can get a smaller rebate.
Hawaii
Hawaii taxpayers can expect a maximum rebate payout of $300 for individuals making under $100,000 annually. The reimbursement would be $100 for those who earn more than $100,000 annually.
Additionally, reimbursement would be given to taxpayers’ dependents.
In late August, the state may start processing payments, according to the Hawaii Department of Taxation.
Idaho
Idaho residents who are full-time residents and filed tax returns for the 2020 and 2021 tax years, or who are full-time residents who submitted returns for grocery credit refunds, are qualified for $75 or 12 per cent of their 2020 Idaho state taxes, whichever is higher.
In March, payments started. If a rebate check is being sent on paper rather than being deposited directly into a checking account, some people might still be waiting.
Online rebate status checking is available to citizens of Idaho.
Illinois
Residents who are full-time and earn less than $200,000 annually or $400,000 for a married couple filing jointly are eligible for $50 rebates.
With a maximum of three dependents per family, an extra $100 is provided for each qualified dependent.
Indiana
Gov. Eric Holcomb declared in December that Indiana residents would receive a one-time tax refund of $125 after filing their taxes for 2021.
Jointly filing taxpayers will get a single $250 deposit.
No income is necessary, however, residents must have submitted their state tax returns for the years 2020 by January 3, 2022, and 2021 Indiana tax returns by April 18, 2022, to qualify.
Payments are anticipated to continue through the middle of the summer, according to the state Department of Revenue.
Maine
On April 20, Gov. Janet Mills authorized direct relief payments of $850 for Maine taxpayers through a supplemental budget.
Full-time Residents of Maine are eligible for direct relief payments of $850 if their adjusted gross income is under $100,000 ($150,000 if they are filing as the head of household, $200,000 if they are married filing jointly).
One $850 relief payment per taxpayer, totalling $1,700, will be sent to couples filing jointly.
Residents who haven’t yet submitted their state tax returns for 2021 have until October 31 to do so to be eligible for the reimbursement, according to Mills.
New Jersey
One-time refund payments up to $500 were delivered to over 1 million New Jersey residents. Beginning on July 2, the checks were issued.
New Mexico
Beginning this month, taxpayers in New Mexico who make under $75,000 per year will be eligible for a $250 rebate ($500 for joint filers).
The refund will be issued to taxpayers who submitted a state return for 2021.
All taxpayers will also receive a further rebate. Joint filers will each earn $1,000, while single taxpayers will receive $500.
Two equal payments—one received in June and the other in August—will be made from the second rebate. To taxpayers who submitted a 2021 state return, the money will be automatically sent.
The reimbursement will be given to residents in July who didn’t submit an income tax return, according to the New Mexico Taxation and Revenue Department.
Minnesota
Some frontline employees are qualified to receive a $750 lump sum payout.
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According to the state revenue agency, qualified employees were not allowed to work remotely and had to have put in a minimum of 120 hours of labour in Minnesota between March 15, 2020, and June 30, 2021.
Employees with direct COVID-19 patient-care responsibilities must be eligible and earn less than $175,000 per year between December 2019 and January 2022.
For the same period, recipients of the payment who do not have direct patient care obligations must earn no more than $85,000.
The California Department of Tax and Fee Information has stated that the payments will be made using debit cards and direct deposit.
