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November 2023 Stimulus Checks: Who Gets Extra Money?

Photos from Google

Nine of twenty states that were supposed to send out a fourth round of Economic Impact Payments stimulus checks have started doing so as the economy improves. Financial aid is available to four groups, according to the IRS.

Photos from Google

Payment structure and eligibility criteria

Full stimulus payments are available to those who meet IRS requirements. These include individuals with AGIs up to $75,000, heads of households up to $112,500, and married couples filing jointly up to $150,000. Child tax credit is available to parents and guardians. AGIs above these levels can receive partial payments. Payment decreases by $5 per $100 over the maximum AGI.

State-specific stimulus programs target specific groups in addition to these general criteria. The Arizona Return to Work Program pays job seekers for eight weeks. New York’s Excluded Workers Fund pays unemployment benefits to pandemic-displaced workers, especially those not eligible for stimulus programs. Maryland prioritizes 2019 EITC recipients, while Florida, Georgia, Michigan, Tennessee, and Texas prioritize fourth stimulus checks to teachers.

These programs meet specific needs, encourage employment, and help underserved groups. This shows a nuanced approach to COVID-19 pandemic finances.

READ ALSO: Stimulus check for $1,400: How can you claim payment before it’s due?

Different stimulus amounts and group aid

The fourth stimulus check is usually $250–$3,200, depending on the state and person. Depending on their needs and the state, stimulus program recipients receive $500 to $2,000.

This breakdown of stimulus amounts and targeted help across several states shows how different groups were helped in complex ways. The ongoing commitment to reduce financial stress and help the economy recover from COVID-19 is also shown.

READ ALSO: SSDI Payment Status: How to know if you got your payment this month?

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