Many Americans still have time to file their tax returns from the prior year as this year’s filing deadline draws near. Those who meet the requirements and have an annual income of $75,000 or less, or $150,000 for couples, are eligible to receive the final wave of stimulus cheques.
The value of the $1,400 stimulus checks will decline for those who earn more money. Couples earning over $160,000 and individuals earning over $80,000 are not eligible to cash in the most recent round of stimulus cheques. April 18 marks the tax day for this year.
State Minimum Wage Adjustments In 2023
States in the US established their respective minimum wages for 2022. In the new year, several states have been making modifications already. The minimum wage in Florida is currently $11; however, on September 30, 2023, it will increase to $12. The minimum wage in Illinois is currently $12; however, on January 1, 2023, it will increase to $13.
Starting in 2023, New Jersey’s minimum wage will increase from $13 to $14. Beginning January 1, 2023, New Mexico will increase its minimum wage by 50 cents, from $11.50 to $12.00. Starting in 2023, Rhode Island’s minimum wage will rise from $12.25 to $13, an increase of 75 cents.
Seniors Campaign For New Stimulus Payment
The Senior Citizens League, a nonpartisan advocacy organization, is pushing to get a single-time stimulus check of $1400 approved for people who qualify for Social Security. In a letter to Congress the previous year, the group stated that many older Americans who are on fixed incomes will be severely impacted by the cost-of-living increase and inflation.
According to Shannon Benton with the Senior Citizens League, “We have got hundreds of emails from the people struggling to make ends meet.” “For many, the high cost of living adjustment just made their financial problems worse by causing their income to rise above program thresholds to become eligible for Medicare savings programs and additional aid” reports Sun.
Related Stories:
Stimulus March 2023: Americans Eligible To Claim Upto $3,284 – Check If You Are Eligible
Stimulus Update 2023: Payments Of $450 To $3,284 Sent To Millions of Americans
4th Stimulus Update 2023: Millions Of Americans Could Get Payments From $6.6 Billion Pool
Still Millions Of Americans Qualify For COVID-19 Stimulus Payments; Check if you are Eligible
Stimulus 2022: Millions of Americans Could Receive Payments From the IRS; Are You Eligible?
Stimulus Updates 2023: Application Deadline For Exclusive $1,500 Is Almost Coming
Stimulus Update 2023: Inflation Relief Payments Upto $1,050 By Valentine’s Day
Stimulus 2023: Millions of Americans to Receive Payments; Check if you are eligible
Leave a Reply