During COVID-19, many Americans received financial help from stimulus checks, and in March, Georgia's governor signed House Bill 1302, which is a new law attempting to offset the rising cost of inflation by refunding some money back into the hands of taxpayers.
Inflation has been hitting the South extra hard; housing and rental prices in Southern cities continue to skyrocket on an upward trend, leaving many people wondering if it's time to move.
Overall, the amount you receive will depend on your marital status and how many dependents you have.
The payout will start at $250 and go upwards from there.
For example, Georgia residents who are single or filed separately can expect to receive a payment of $250.
If you're someone who has declared yourself as the head of the household while filing, the refund will be $375.
If you're married and filed joint taxes in 2020 and 2021, you will be receiving a payment of $500.
In order to qualify for the one-time bonus, you also have to be an active Georgia resident because the bill that was signed excludes sending any payments to those who are non-residents, dependents, or trusts.
There are many other states that are proposing similar rebate programs; those states are the following: California, Maine, Hawaii, and New York, and a few more, and the goal is to help people cope with the incredibly high rising costs of living that have been seen across the country.
The stimulus checks will automatically hit your account if you filed your taxes in the years 2020 and 2021.