More Stimulus Checks? These States Are Still Sending Tax Rebates to Millions of Residents
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Several U.S. states are distributing tax rebates akin to stimulus checks, kicking back some money to residents that can help offset inflation.
While not quite as generous as the federal COVID-19 stimulus checks, state payments — many of which have been distributed as tax rebates — have also provided much-needed relief to cash-strapped households. Often tied to income levels listed on people's 2021 tax returns, these rebates are generally in the ballpark of a few hundred dollars, though some can amount to more than $1,000 for a family.
State stimulus checks were common in 2022 — to the extent that they caused a bit of drama with the IRS earlier this year — but that's not so much the case anymore. The handful of states that are currently issuing rebates emphasize the lingering financial hardship of COVID-19 and ongoing inflation, which continues to exceed the 2% threshold that's considered ideal. Governors have also highlighted their respective states' fortunate financial positions as a reason for the payments, explaining that they decided to give surpluses back to residents.
Most states are done issuing stimulus checks. But here’s a summer update on tax rebates in five that are still going:
