Inflation is something that does not stop in the United States and the people who suffer the most from it are Social Security beneficiaries. Workers can ask for pay raises, but retirees have to wait for the COLA every year. That’s enough for most.
If you are in a tight financial situation, it is good to know that more than a dozen states will be issuing tax refunds soon. Some of them have already begun to do so. These refunds will be only for taxpayers who have already filed their state tax return. Otherwise, you will have to wait for another time.
States that will send inflation relief check
The rules are the same for those who collect Social Security and those who don’t, so the dates apply the same across the board. This information is official, according to GoBankingRates. Here are the states that are cooperating:
- California: checks up to $1,050. The amount varies depending on taxes paid and income. Also applies to Social Security beneficiaries. Payment will be made between October of this year 2022 and January of next year 2023.
- Colorado: Two modalities within Colorado. On the one hand, the individual filer will be able to collect $750 if he/she falls within the requirements. For couples, double, $1,500. These checks will not be sent out until the end of January, regardless of whether you collect Social Security or not.
- Delaware: The situation is a little different in this state. All eligible individuals will receive $300, regardless of whether they have filed or not.
- Florida: Low-income families in Florida will receive a one-time payment of $450 for each eligible child. According to CBS News, the checks should have already arrived in this case.
You do not need to be Social Security beneficiary to get Inflation Relief Check – CANVA - Georgia: The final amount of these checks in Georgia depends on attorney liability. There are three different grades in this state for these payments and it does not affect whether you are collecting Social Security or not. Single persons may collect up to $250. On the other hand, heads of households could get a check for up to $375. Finally, joint filers could receive up to $500.
- Hawaii: The eligibility limit for Hawaiians is really clear. Those in the State of Hawaii who earn $100,000 or less will receive a $300 check. Those over this income limit could receive $100. The payment is made in one installment. In this regard, the average Social Security cannot reach $100,000, so beneficiaries will collect an extra $300 check.
- Idaho: There are two options for collecting in the State of Idaho. Option A is $75 and option B is 12% of earnings in 2020. It will all depend on the individual situation of the filer.
- Illinois: This State has the so-called “Family Relief Program”. Within all the measures you can find $50 tax refunds for people earning less than $200,000 per year. These checks will probably arrive in September.
- Indiana: If you meet the requirements and file your 2021 returns, you will get a $125 rebate. In addition to this, an additional $200 rebate was also approved. To receive the second rebate you just have to have the first one accepted. Chances are good that if you collect Social Security you will qualify.
- Maine: In June, the State of Maine began sending out $850 refunds to all eligible recipients. Although most Maine citizens have already received their payments, you can still apply. The deadline is October 31.
- New Jersey: This state has already ended the tax refund, but by next year 2023 it will again have a program to help fight inflation for Social Security claimants and all other workers.
- New Mexico: As many as 2.4 million payments have already been issued by the state of New Mexico. Some of those payments are still on the way, but they will arrive soon.
- South Carolina: You can receive up to $800 even if you collect Social Security in this state. Remember that you must file your return by October 17, otherwise you will not be able to receive this financial bonus.
- Virginia: Two separate payments of $250 for individuals and $500 for couples will be sent to everyone in Virginia who qualifies for this inflation check.
