Several news outlets have released the exact date when millions of eligible US residents will be able to receive the $1,500 check for inflation relief. Are you one of those who classifies?
The increase in prices in the United States is a fact. The government itself has recognized how difficult it is right now for an average family to cope with the acute inflation that is shaking the country. As a result of the rapidly rising cost of living, more and more Americans and residents are in need of a relief check.
And as has been reported, several states have launched various initiatives to help their residents financially.
When does the government aid check arrive? September 30 in Colorado
On the last day of the month, that is, the coming September 30, the money would reach the pockets of the residents of the United States who will benefit from this aid. According to The Sun newspaper published This is excellent news for the thousands of aid recipients.
Who will receive the government aid check?
“Residents who met the June deadline can expect to see their checks in just a few days, that is, by September 30, 2022.”
On the contrary, those who asked for a longer term will have to wait longer, according to the same source:
“If they requested an extension, they have until October 17, 2022 to file their state tax return.”
How much will the aid check be?
In the same way, the source explains that the amount will depend on the modality in which the taxpayers have made their tax return.
“Individual filers will receive a check for $750, while couples who have filed joint returns receive $1,500,” according to Colorado authorities.
Millions of taxpayers in this state receive large sums in direct payments, with a value of up to US$1,500 dollars this very month of September.
And until the last day of this month from the local government will continue to send tax refund checks to eligible residents, reports The Sun newspaper.
Where do the aid checks come from?
The funds come largely from the so-called Colorado Taxpayer Bill of Rights (TABOR). A legal provision that requires the State to return any surplus state revenue to its taxpayers in the event of a surplus.
This being so, for a few weeks the Colorado authorities have been sending checks to their taxpayers, and it is estimated that some 2.1 million payments have already been made.
This September 30, it is expected that a high percentage of residents in this state will be able to have their money back. Something that will undoubtedly be of great relief to thousands of American families.
Other US states that send checks in September
As previously reported, Colorado is not the only state in the United States of America that will give money to its taxpayers to deal with inflation.
Similar is the case in Hawaii where tax refunds are being sent out this September to help residents cope with the rapidly rising cost of living.
It proceeds in a similar way to the previous case. In other words, taxpayers who declared income of less than US$100,000 are already in line to receive US$300.
Those who earn more than $100,000 but less than $200,000 a year will be eligible to receive $100.00.
In June, Alaska Governor Mike Dunleavy signed legislation giving residents $3,200.
Throughout this month of September 2022, residents will receive a payment of US$650 in energy relief. And to this is added another US$2,550.00 as part of the state’s Permanent Fund surplus.