Update on the Fourth Stimulus Check: Some Americans Are Eligible for More Money

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Residents of certain states may be eligible for additional economic payments prior to the national tax filing deadline.

While the third round of economic stimulus payments was distributed to eligible Americans last year, some individuals who did not receive one may still be eligible to receive one prior to the April 18 tax filing deadline.

 

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Additionally, several states have enacted legislation to provide residents with additional economic payments following the filing of their taxes on Monday.

Governor Brian Kemp of Georgia signed a bill into law in March that will provide eligible state residents with additional economic payments following their tax filing.
“HB 1302 will provide a one-time tax credit to taxpayers who filed income tax returns for the fiscal years 2020 and 2021,” the governor’s office stated in a statement.

The statement states that once a taxpayer files their taxes for 2021, the state’s department of revenue will issue additional credits. Individual taxpayers will receive a $250 tax credit, while married couples will receive a $500 tax credit. According to the governor’s office, a taxpayer who is considered the head of the household will receive a $375 payment.

Stimulus Measures

Residents of certain states may be eligible for additional economic payments following the April 18 tax filing deadline. On May 8, 2008, checks for economic stimulus are prepared for printing in Philadelphia.

“When the government collects more revenue than it requires, I believe that excess revenue should be returned to the taxpayer, because it is your money, not the government’s,” Kemp previously stated.

In Indiana, Governor Eric Holcomb announced that eligible state residents will receive a “125 Automatic Taxpayer Refund” after filing their 2021 taxes.

Residents of New Mexico may also be eligible for a tax rebate after filing their taxes on Monday, following Governor Michelle Lujan Grisham’s March signing of legislation. Single taxpayers will receive a $250 one-time tax rebate, while married taxpayers will receive a $500 one-time tax rebate.

Certain residents of New Jersey will be eligible to receive up to $500 in tax rebates following the filing of their 2021 taxes. According to Forbes, Governor Phil Murphy of New Jersey and the state legislature previously approved a budget that included a $500 tax rebate check for approximately 1 million families. According to Forbes, Murphy added another one-time $500 rebate check last month for individuals who file their taxes using a taxpayer ID number rather than their social security number.

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Additionally, Idaho Governor Brad Little signed a bill earlier this year allocating $350 million in tax rebates to eligible residents.

“Idaho residents who were a full-year resident in 2020 or 2021 and also filed an Idaho individual income tax return or Form 24 during those years are eligible for the rebate. Residents who are not residents or who only reside part-time are ineligible “According to a frequently asked question form from the Idaho tax commission.

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