The United States government has recorded a very high level of inflation. To be more specific, it is the highest inflation in 40 years. Looking at the latest CPI-W, inflation continued to increase in September. This month the CPI-W stood at 8.2%. In order to combat this situation and make it possible for Americans to live well, many United States states have passed stimulus checks. Through these stimulus checks, taxes paid by taxpayers are refunded.
These stimulus checks will be a relief in the face of the high prices of the last few months. Despite this, there are many haters of this measure. The only intention of these stimulus checks is to be able to continue with the same purchasing power. However, not all politicians feel the same way, as GOP leaders claim that the high inflation is a direct result of these stimulus checks. Congress approved these measures last March 2021 through the American Bailout Plan.
The measures taken so that American citizens can recoup part of their taxes work in many states. For that reason, stimulus checks can come in many different places. Do you live in a state where they send out stimulus checks?
Stimulus checks: States and dates
Since there are many states where you can receive stimulus checks, let’s look at them all one by one.
- California. This State will send Tax Refund for middle class citizens up to $1,050. This October the payments will start and can go until January of the following year.
- South Carolina. Refunds in this State range from $100 to $800. It is very likely that these stimulus checks will be sent between November and December. In order to apply, you must have filed a “South Carolina individual income tax return (SC1040) for tax year 2021 by October 17, 2022.”
- Illinois. All taxpayers with a benefit of less than $200,000 in 2021 could receive a $50 rebate in the form of a stimulus check. Double the amounts apply for couples. Ditto for dependents within a household, but in this case each dependent earns $100. The maximum number of dependents within a household applying for this check is three.
- Indiana. In the State of Indiana, the Legislature approved sending $200 to its inhabitants. These checks will be sent this month. You do not need to do anything else to receive this check. If you are a Social Security beneficiary, you could also receive it.
- New York. New York Child Tax checks are being mailed later this month. You do not need to do anything to start collecting it and the average amount is 270 per stimulus check.
- Virginia. With a tax refund of up to $250 (double if you file jointly this return), checks will be issued by October 11. If you filed by July 1, you’ll receive by Oct. 31 the check. Otherwise, you will have to wait.
These stimulus checks are designed to address the inflation that is wreaking such havoc on American families.