Pennsylvania Governor Josh Shapiro proposed hiking the state’s property tax and the rent rebate to roughly $1,000.
Thousands more seniors are currently receiving up to $650 from the stimulus check. The amount residents get is dependent on their income, and renters and homeowners are subject to various rules.
What are the Eligibility Requirements?
According to Mr. Shapiro, the extension will provide a reimbursement to almost 175,000 additional seniors.
The increase would be paid for using the state’s $11 billion in cash reserves.
The rebate program is available to qualify Pennsylvanians aged 65 and up, widows and widowers aged 50 and up, and those with disabilities aged 18 and up.
The annual income cap is $35,000 for homeowners and $15,000 for renters, with half of Social Security income subtracted.
Spouses, personal representatives, or estates may also make rebate claims on behalf of claimants who lived in the claim year for at least one day and meet all other eligibility criteria.
The Pennsylvania Lottery supports five programs, including the Property Tax/Rent Rebate Program. Since the program’s start in 1971, more than $7.6 billion in property tax and rent relief has been provided to elderly and disabled persons. Slots gaming also contributes to the rebate program’s funding.
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Filing Taxes for Stimulus Checks Electronically
The IRS provides free online tax filing services. You can file state tax returns as well, but for federal tax returns, the agency provides a step-by-step process for tax preparation from the program’s partners.
You must meet the requirements by having an AGI-adjusted gross income of no more than $73,000, as well as your Social Security registration number, AGI from the previous year, and all relevant tax documents.
Read more: Proposed Social Security rule could increase benefit payments for eligible individuals