4th stimulus check update 2023 — New payments between $200 to $1,700 dropping in 9 states – see if you’re eligible

stimulus 2023

The US federal government has not issued a fourth stimulus check since March 2021. Still, some states have taken matters into their own hands and are offering their own relief payments to eligible residents.

Here’s what you need to know about the state-level stimulus checks and how to claim them if you qualify.

California: Middle-Class Tax Rebate

California is sending out a second round of stimulus checks to more than 25 million taxpayers who filed their 2020 income taxes by October 15, 2021. The payments range from $200 to $1,050 depending on your income and dependents.

The payments will be issued from January 30 to February 14, 2023 by direct deposit or debit card. You can check your payment status on the Franchise Tax Board website.

Colorado: Colorado Cash Back

Colorado is giving out a one-time rebate of $750 for individual filers and $1,500 for joint filers who earned less than $75,000 in 2020.

The payments are expected to be sent out by the end of January 2023 by direct deposit or paper check. You can check your payment status on the Colorado Cash Back website.

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Idaho: Idaho Tax Relief

Idaho is offering a tax relief payment of either 10% of your 2020 or 2021 state income tax return or $300, whichever is greater.

The payments are available to residents who filed their taxes by April 15, 2022, or October 15, 2022. The payments will be issued by direct deposit or paper check.

You can check your payment status on the Idaho State Tax Commission website.

Illinois: Income and Property Tax Rebates

Illinois is providing two types of rebates to eligible taxpayers: an income tax rebate of up to $110 for individual filers and up to $220 for joint filers who earned less than $75,000 in 2020 and a property tax rebate of up to $300 for homeowners who paid property taxes in 2019 or 2020.

The income tax rebate will be automatically applied to your 2022 state tax return, while the property tax rebate will be issued by direct deposit or paper check. You can check your payment status on the Illinois Department of Revenue website.

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Stimulus Checks Might Not Be Implemented In 2023

New Mexico: Working Families Tax Credit

New Mexico is increasing its Working Families Tax Credit from 17% to 25% of the federal Earned Income Tax Credit for tax year 2021.

This means eligible low- and moderate-income workers can receive a larger refund when they file their state income tax return in 2023.

The credit amount varies depending on your income and family size. You can check your eligibility and credit amount on the New Mexico Taxation and Revenue Department website.

Pennsylvania: Property Tax/Rent Rebate Program

Pennsylvania is expanding its Property Tax/Rent Rebate Program to include more seniors, disabled veterans, and low-income residents.

The program provides a rebate of up to $975 for homeowners and up to $650 for renters who paid property taxes or rent in 2021. The income limit for eligibility is $35,000 for homeowners and $15,000 for renters.

The application deadline is June 30, 2023. You can apply online or by mail on the Pennsylvania Department of Revenue website.

South Carolina: SC CARES Rebate

South Carolina is issuing a one-time rebate of $50 for individual filers and $100 for joint filers who filed their state income tax return by October 15, 2021.

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The payments will be sent out by direct deposit or paper check starting in February 2023. You can check your payment status on the South Carolina Department of Revenue website.

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About William Johnson 268 Articles
Demystifying the world of finance is my mission. As a finance news writer with 7 years of experience, I've covered everything from breaking market news to in-depth analysis of industry trends. I'm here to keep you informed and empowered in your financial journey.

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