Many states are giving citizens their tax rebates in the Fall. This money will provide much help to citizens who are facing the effects of inflation. The other states which have also announced rebates include:
- State Checks To Give Your Family Up To $750 (Rhode Island)
- You Can Get Direct Payments Worth Up To $300 (Illinois)
- Inflation Relief Payments of $500 and $1000 Coming (New Mexico)
Colorado is now sending tax rebate checks to eligible residents. It will do so up to September 30, 2022. To receive the money. Colorado residents should have filed their state income tax returns by June 30, 2022. If a person asks for an extension, they have until October 17, 2022, to file the tax return. (source)
Single persons who filed will get $750. Meanwhile, joint filers will receive $1,500. June filers will get their payments by September 30, 2022. But October filers will get their checks by January 31, 2023. The Department of Revenue says over 2.4 million funds have gone out already. Thus, 87% of the monies have gotten deposited. (source)
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*Disclaimer: This article is for informational purposes only. This article got written using accredited media reports. *Advice Disclaimer: This article should not be considered professional financial, tax, or legal advice. The ideas, numbers, and strategies should never be used without first assessing your own personal and financial situation, or without consulting a personal consultant, tax specialist, or financial professional.