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More than two years after the pandemic began, financial relief is still needed for many.
Key Point
- Eligible residents of Alaska, California, Colorado, Hawaii, Illinois, and Virginia will receive their checks in September.
- Payments come in the form of rebates, dividends, relief funds and tax refunds.
- Depending on your state, it may take several months before you receive a check for each eligible payee.
After more than two years of dealing with financial hardships related to the pandemic and inflation, the state continues to share excess budgets with residents. These six states will be mailing or sending deposit checks in September.
1. Alaska
Alaska can expect a payout of $3,200 this week. This is a $2,550 Permanent Fund dividend and a $650 Energy Relief Fund. Residents who have submitted a paper application or requested a paper check will begin receiving checks after two weeks.
2. California
Golden State middle-class tax refunds may already be in some state residents’ bank accounts. The lump sum payment is designed to help Californians cover skyrocketing gas prices.
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Eligible payees can receive checks up to $1,050.
3. Colorado
Single Colorado tax filers will receive a tax refund of $750 this month, and joint filers can expect $1,500. People who filed their state income tax returns by June 30th will receive their funds by September 30th.
Coloradons who applied for an extension and met the October 17 deadline will receive their tax refunds by January 31, 2023.
4. Hawaii
Payouts of $100 or $300 per person will also be made to the Hawaiians this month. The amount you receive depends on factors such as income and application status. Anyone earning over $100,000 a year can get a check for $100 for her, and someone earning less than $100,000 can get a check for $300 for him.
5. Illinois
Land of Lincoln residents are required to receive a one-time income and property tax rebate of $50 to $300. Here’s how it works: Singles can receive $50 for her, $100 for couples applying jointly, and up to $300 for dependents ($100 for each dependent, up to three).
This rebate is available to single filers with an adjusted gross income (AGI) up to $200,000 and co-filers with an AGI up to $400,000.
Payments began the week of September 12, but it may take several months for checks to reach each eligible resident.
6. Virginia
Virginia is another state that offers a one-time tax refund to eligible residents. To qualify, a resident must have had a tax liability in the last year. Single filers can receive up to $250 and joint filers can receive up to $500.
Payments will begin next week, but some Virginians may not receive their payments until October 31st.
As we have learned, financial hardship is one of the aftermaths of a global pandemic. Each of these six states is doing what they can to address this issue.