Three major federal stimulus packages distributed in 2020 and 2021 in the midst of the COVID-19 pandemic made headlines, but many states implemented their own tax rebates and other stimulus programs as well.
Most of the application deadlines for the stimulus packages issued by the country have passed, and most of the money has been distributed. However, there are still a small number of states that have recently authorized new stimulus packages or have not yet distributed the full amount of funds originally allocated. Below is an overview of the states with ongoing stimulus payments in July 2023.
Idaho
Idaho issued tax refunds and “special congressional rebates” in March and September 2022. Most of the 2022 rebate payments have already been sent, but the agency continues to send out more rebates as taxpayers file returns and qualify, according to the Idaho Tax Commission. You can track your rebate status using the Where’s My Rebate tool. Tax.idaho.gov/Rebate.
Illinois
According to the Illinois Department of Revenue, October 17, 2022 is the last day to submit information to receive the Illinois income tax rebate and property tax rebate. Most of those payments have already been made. However, the State Comptroller has suggested payments will continue until all payments are made.
Massachusetts
Massachusetts began reimbursing state taxes in November 2022, effectively ending those payments. The eligible filer was entitled to a refund of his 14.0312% of the 2021 Massachusetts tax bill. However, according to Mass.gov, if you haven’t filed your 2021 return yet, you’ll still be eligible if you do so by September 15, 2023. If you are eligible for a refund, you should receive it about a month after your application.
Montana
Montana residents may be eligible for a property tax refund of up to $675 and/or an income tax refund equal to $2,500 for joint filers ($1,250 for other classifications) or the state tax burden, whichever is less. According to the Montana Department of Business and Income Tax, the state plans to begin offering personal income tax refunds in July 2023. These rebates will be issued in the order in which they are claimed and will be completed by December 31, 2023.
T.Starting August 15, 2023, taxpayers can claim their 2022 property tax refunds online through the agency’s TransAction Portal or via paper forms. This request must be submitted by October 1, 2023. The state will begin accepting claims for 2023 property tax refunds on August 15, 2024, and claims must be filed by October 1, 2024.
new mexico
New Mexico plans to offer two types of rebates to residents in 2023. One is for taxpayers and the other is for people who don’t need to file tax returns. Your income tax refund will be $1,000 for her if you are a joint filer and $500 for him if you are single and married and filing separately. According to the New Mexico Department of Taxes and Revenue, eligible residents must file their 2021 personal income tax returns by May 31, 2024 if they haven’t filed them yet.
Relief money will be issued to New Mexicans who are not eligible for the above rebates. As of early July, the agency has yet to announce the amount of the payment, but has allocated $15 million for the payment. You will need to submit an application to the Human Resources Department. Payment distribution is expected to occur by the end of July 2023.
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