In 2023, the memories of the federal stimulus payments that were provided in the United States during the peak of the COVID-19 pandemic have faded, as the pandemic emergency has concluded.
Nevertheless, various states have taken it upon themselves to issue their own tax refunds and extra stimulus initiatives to maintain assistance for households.
Although most of the deadlines for applying for state-issued stimulus payments have passed, a handful of states are still in the process of distributing payments. This is either because of the recent approval of new stimulus packages or the necessity to distribute the remaining funds from their initial allocation.
Which states are dispatching payments this month?
In Idaho, tax rebates and “Special Session Rebates” were dispatched in March and September of 2022. While the majority of the rebate payments for 2022 have already been sent out, the Idaho State Tax Commission is continuing to send out payments as eligible taxpayers submit their returns.
In Illinois, the cutoff date for submitting information for the Illinois Income Tax Rebate and Property Tax Rebate was October 17, 2022. Even though the majority of payments have been made, the state Comptroller has indicated that distribution will persist until all eligible recipients have obtained their rebates.
Massachusetts began issuing state tax refunds in November 2022, and most of these payments have been finalized. Qualifying filers were entitled to a 14.0312% refund of their 2021 Massachusetts state tax obligation. However, those who haven’t yet filed their 2021 return can still claim their refund if they file by September 15, 2023.
Residents of Montana might meet the criteria for a property tax rebate of up to $675 and/or an income tax rebate based on their state tax liability. Individual income tax rebates began to be issued in July 2023 and will be concluded by December 31, 2023, in the sequence they were submitted.
In New Mexico, residents are provided two types of rebates in 2023, one for taxpayers and another for those who aren’t required to file tax returns. The income tax rebate totals $1,000 for joint filers and $500 for single filers and married individuals who file separately.