Stimulus Payments Still Coming to Some States in August 2023

The federal government has stopped issuing stimulus payments, but some states are still sending out their own forms of financial relief. In August 2023, residents of five states can expect to receive stimulus payments: Idaho, Illinois, Massachusetts, Montana, and New Mexico.

• Idaho residents who filed their 2021 state tax returns by March 1, 2023, are eligible for a tax rebate of up to $750. Those who filed after March 1 may still be eligible, but they will receive a smaller rebate.
• Illinois residents who filed their 2021 state tax returns by October 17, 2022, are eligible for a tax rebate of up to $500. Those who filed after October 17 may still be eligible, but they will receive a smaller rebate.
• Massachusetts residents who filed their 2021 state tax returns by September 15, 2023, are eligible for a tax refund of up to 14.0312% of their 2021 state tax liability.
• Montana residents who owned residential property in 2022 are eligible for a property tax rebate of up to $675.
• New Mexico residents who filed their 2021 state tax returns by May 31, 2023, are eligible for a tax rebate of up to $250.

The deadline to receive these stimulus payments varies by state, so it is important to check with your state’s revenue department for more information. These payments can help offset the rising cost of living and provide much-needed relief to struggling families.