Are Stimulus Checks Coming Your Way?

Stimulus checks

Americans are currently facing huge inflation, with the cost of food, gas, oil, and utilities skyrocketing. The government has sent three stimulus checks so far and is not in the mood of sending the fourth one. Some states, however, will help their residents in any way they can.

For more information on getting a grant and also learning about refinance programs, take a look at this.

Massachusets

The State of Massachusets is planning on giving $500.00 stimulus checks this month to low-income workers as part of a $4 billion relief bill signed by Governor Charles Baker. Eligibility will be based on filed 2021 Massachusetts tax returns. Families with four members will get an extra $500.00, as long as their combined income wasn’t more than $78,600.00. The estimations show that roughly 300,000 workers will benefit from these funds. These funds come from the state’s COVID-19 Essential Employee Premium Pay program passed by the Massachusetts Legislature in December 2021. 

“The Legislature was proud to establish this program through our ARPA (American Rescue Plan Act),” House Speaker Ron Mariano said on Twitter. “The essential workers who worked to keep the Commonwealth running during the height of the pandemic deserve nothing less.”

According to Boston Herald, individuals must have resided in Massachusetts on or before June 15, 2021, or they must have been part-time residents between June 1, 2021, and June 15, 2021, in order to be eligible. Those who received stimulus checks are not eligible again. For more information, call (866) 750-9803.

Maine

The state of Maine also offers $850.00 relief payments to those who filed their 2021 state income tax forms by October 31. For single filers, their income must be less than $100,000.00, for heads of households, less than $150,000.00, and for married couples filing jointly, less than $200,000.00 per year. According to projections, these checks might assist approximately 858,000 locals. These subsidies will directly improve the Maine economy. People who get social security benefits and/or supplemental security income can also receive these payments (SSI). If two individuals file jointly and their tax returns satisfy the standards for the relief payment, they will each receive a relief check for $850.00, for a total of $1,700.00 in relief. For more details, go to the State’s official website.

New Mexico

Residents of New Mexico will also be eligible for comparable tax rebates if they complete their income tax filings by May 31. For solo fliers, they will provide $250.00, and for joint filers, $500.00 For single filers, the income limit is $75,000.00; for heads of households, it is $150,000.00; and for married couples filing jointly, it is $150,000.00. Without the need for applications, these rebates will be automatically distributed in June and August 2022. $20 million was set aside in the same statute that authorized the rebates for grants of economic assistance to New Mexicans who do not file state income taxes because of their income levels. Visit tax.newmexico.gov for more details on these rebates and relief payments as well as upcoming stimulus cheques for New Mexico.

For more information on getting a grant and also learning about refinance programs, take a look at this.

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