Taxpayer Identification Number Direct Assistance Program checks in the amount of $500 will be sent out to qualified New Jersey residents this month who did not get federal stimulus monies due to their income levels.
Income-eligible individuals and families in New Jersey who did not qualify for federal stimulus payments and who file taxes using an Individual Taxpayer Identification Number (ITIN) will receive a one-time benefit of $500 per eligible resident this month through the Individual Taxpayer Identification Number (ITIN) Direct Assistance Program,
New Jersey State Treasurer Elizabeth Maher Muoio and Human Services Commissioner Sarah Adelman announced today. This benefit is automatically provided to those who qualify. This month’s mail will contain a check from the State of New Jersey for anyone whose tax return fits the standards.
When a person files their taxes in 2021, the Treasury’s Division of Taxation will issue a refund check to the address on file. Together with the Treasury, the Department of Human Services’ Office of New Americans has created educational and outreach tools to spread the word about this perk.
State Treasurer Elizabeth Maher Muoio explained that the program was created to help taxpaying people who were affected by the pandemic but did not receive federal aid. We’re collaborating closely with DHS to have tax returns filed for all qualified filers in 2021, even individuals who won’t owe taxes but will still get the benefit of filing.
Indirectly, this program will help tens of thousands of families. If you are a U.S. citizen or permanent resident and you or a member of your household possesses an Individual Taxpayer Identification Number (ITIN) that appears on your tax return, you may be eligible for a one-time payment of up to $500.
Commissioner Adelman explained that the one-time payment would not be counted as income under the public charge rule or affect future eligibility for public assistance. We are happy that low-income ITIN applicants would receive this help this month, as the holidays are quickly approaching.
Projections show that over 68,000 homes will benefit from the initiative. If a person’s household income is less than 200% of the Federal Poverty Level and they filed a New Jersey income tax return in 2021 using an Individual Taxpayer Identification Number (ITIN), they may qualify.
Each ITIN holder included on a qualifying tax return will result in a $500 payment to the qualifying household. A family of four with all ITINs would receive $2,000 if the husband and wife filed their taxes jointly, claimed their two children as dependents, and paid the maximum amount of taxes due.
Letters are being sent out by the Treasury to people who did not file a New Jersey tax return in 2021 but who may be eligible for the payment based on their income tax return from the previous year, 2020. If they haven’t already, these people should file a 2021 tax return on this website;
if they are qualifying ITIN holders, their refund will be calculated immediately. To be eligible for this benefit, they need to file before April 15 of 2023. For FY2023, the American Rescue Plan allotted funds that will be used to support the ITIN Direct Assistance Program.