Stimulus checks: Which states send tax credits during the summer? – Mark English

Ssince the beginning of the pandemic in 2020Americans have various forms of government-issued stimulusincluded discounts, loans, tax refundsAnd one-time checks. While federal incentive payments ended in 2021, several states have continued with their own stimulus programs. From Summer 2023, a few states are still distributing payments to eligible residents who request them within the time limits. Let’s take a closer look at the states that shiptax discounts during the summer.


Two stimulus programs were introduced in Idaho in 2022. The first program offered a tax credit of € 75 per family member or 12% of the household tax liability based on the 2020 tax return. The second payment, known as the Special session discountamounted to $600for joint applicants ($300 for others) or 10% of the household tax liability. While most payments have already been made, some delinquent payments are still being processed for residents who submitted their tax returns later.


Illinois also implemented two types of stimulus payments in 2022 that extend to Summer 2023. The individual income tax deduction and the property tax deduction can jointly amount to $700. However, due to the large number of payments to be delivered-more than six millionthe state expects the distribution process to take several months. Eligibility for the income tax credit was based on the 2021 AGIs below $200,000 (or $400,000 for joint filers), while the property tax credit required payment of the Illinois state property tax on the 2021 return and an AGI below $250,000 (or $500,000 for joint applicants).


The waiting time for the Maine Winter Energy Relief Payment has ended, requiring residents to file their 2021 tax returns by October 31, 2022. Eligible non-dependents with AGIs below certain thresholds may receive a $450 payment, or $900 for eligible married couples. Most payments started in mid-January 2023 and have been distributed. However, eligible residents who have not yet received their payment can contact the state’s tax advisor before June 30 to demonstrate eligibility. Final payments for those who prove eligibility will continue through September 30, 2023.


The Massachusetts stimulus tax refund period is largely closed. Eligible residents were entitled to a refund of 14.0312% of their income tax due in 2021. Payments began on November 1, 2022 and have largely been distributed. Those who have yet to file their tax returns can do so until September 15, 2023. Once filed, they can expect their refund in about a month.


Montana stands out as the only state with new tax credits scheduled for the second half of 2023. Residents may qualify for a discount on income taxa real estate tax discount, or both. The income tax reduction is determined as the lesser of the income tax on the state income tax form or $2,500 for joint applicants ($1,250 for others). The discount on the withholding tax on real estate amounts to $500 for 2023 (and 2024) or the actual amount of property taxes paid, whichever is less. The income tax credit will be paid from July to the end of 2023. To claim the property tax credit, residents must submit an application online or by post between August 15, 2023 and October 1, 2023.

New Mexico

Two types of new discounts will be offered in New Mexico in 2023. The first is for individuals who file a tax returnwhile the second is for residents who do not need to submit. The amounts for these discounts are $1,000 for joint applicants and $500 for single filers or those who are married and are applying separately. The expected payment dates for these two discounts are mid-June 2023 and July 2023 respectively.

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