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Will You Qualify for Direct Payments in 2023, When Additional Stimulus Funding Becomes Available?

Extra stimulus funds will be distributed to citizens of these states in 2023.

These five states are offering residents rewards of up to $1,500 so long as they follow the necessary processes to qualify for and receive these benefits.

If the Report is to be believed, some payments to residents could be delivered as early as January, while others wouldn’t be sent until much later.

California

While the vast majority of Californians who were due Middle-Class Tax Refunds have already received their money, 5 percent of those who qualify still haven’t received theirs. The final deposits to state-issued debit cards and direct deposits are scheduled for the month of January 2023.

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Colorado

This payment from the state of Colorado to residents who filed their tax returns late will be made by the end of January. This payment will be worth 0 for those filing as singles and ,500 for those filing as married filing jointly.
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Idaho

The first of September marked the beginning of the distribution of refunds granted by the Gem State for the 2022 Special Session.

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Full-time Idaho residents can expect to receive either $300 for single filers and $600 for joint filers, as determined by the Idaho State Tax Commission, or 10% of the taxes paid recorded on a taxpayer’s 2020 income tax bill, whichever is greater.

In the State of New Jersey

If you live in New Jersey and make less than $150,000 per year, you’ll get $1,500, while if you make between $150,000 and $250,000, you’ll get $1,000.

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The New Jersey Department of Taxation reports that tenants are eligible for a rebate as well, though it is significantly smaller ($450) and is contingent on having an annual income of less than $150,000.

Carolina, South

Others, however, have until February 15 of the following year to pay their taxes in order to be eligible for this refund, which will be paid out in March of 2023.

South Carolinians who file their 2021 individual income tax return by October 17 will receive this refund before the end of the year.

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