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Get money back with state rebates: Financial relief now available for US residents

Residents of several states in the US are eligible to receive rebates as a form of financial relief during the current economic challenges.

In Massachusetts, according to Mass.gov, which is the official website of the state, residents can receive a rebate if the state’s revenue exceeds a certain amount. The rebate amount is based on state income tax paid or a percentage of total taxable income.

Residents who have not yet filed their 2021 taxes have until September 15, 2023, to do so and receive the rebate. The state has provided a tool to help residents estimate their rebate amount.

In addition to Massachusetts, other states such as California, Colorado, Pennsylvania, and South Carolina are also offering various forms of relief to their residents.

California has issued Middle-Class Tax Relief payments to more than 15 million residents in batches starting in October, with amounts ranging from $200 to $1,050 depending on income and filing status.

Colorado is mailing relief checks to residents who filed their 2021 taxes by the extended deadline of October 17, with solo filers receiving $750 and joint filers receiving $1,500 regardless of income.

Pennsylvania is offering multiple rebates to older, low-income renters and property owners, with the maximum combined payment being $1,657.50, depending on income, living situation, and filing status.

South Carolina residents may be eligible for a relief payment of up to $800, based on their 2021 tax liability. The deadline to claim the rebate has been extended to February 15, 2023, due to Hurricane Ian. Residents should check with the state’s tax agency to see if they are eligible for any rebates or relief payments. The Information provided for each state is based on a published report by The US Sun on January 3, 2023.

 

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