Home New mexico tax Bonus $2,000 stimulus check offered in direct payments from $2.2 billion pot

Bonus $2,000 stimulus check offered in direct payments from $2.2 billion pot

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MILLIONS of Pennsylvania residents could get closer to $2,000 direct payments thanks to Gov. Tom Wolf.

In February, Pennsylvania’s governor proposed a $1.7 billion plan to help the state recover from the pandemic through the American Rescue Plan Act (ARPA).

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Governor Tom Wolf has offered direct stimulus payments of up to $2,000

Part of his proposal includes direct payments of up to $2,000 to eligible Pennsylvania residents.

The funds would come from the state’s $2.2 billion surplus from unspent coronavirus relief funds.

Mr. Wolf said the plan would use $500 million of that excess for the one-time payment.

“While Pennsylvanians are still battered and trying to recover from the pandemic, we cannot sit on billions of dollars in federal aid that could cure Pennsylvania,” Wolf said in a statement.

Four key payment deadlines next week, from $800 in tax rebates to $150 in gas cards
Direct payments up to $800 available

“It is wrong to withhold this money to help people. It is high time to act, he added.

Lawmakers must act quickly because if the funds are not used by December 31, 2024, they will be returned to the federal government.

Although the bill did not pass, Governor Wolf won the support of Rep. Patty Kim in Harrisburg, acknowledging that with inflation raging, Americans might need more help.

The governor said increased household incomes will help workers and families still battling the pandemic.

If the bill passes, households earning $80,000 or less would be eligible for checks.

Pennsylvanians could spend the stimulus checks on whatever is needed.

Additionally, Governor Wolf proposed that $225 million be allocated to help small businesses impacted by the pandemic.

While an additional $325 million would be added to the state’s healthcare system, with an additional $450 million given to conservation and preservation efforts.

State gives summer stimulus

Eight states have passed some kind of stimulus or tax refund offering financial relief to millions of struggling households.

Residents of New Mexico have started receiving tax refunds.

Single filers receive $250, while married couples filing jointly and single filers receive $500.

More than 550,000 New Mexicans will receive checks, according to the governor’s office.

Taxpayers who include direct deposit information on their tax returns will receive the funds almost immediately.

Another 200,000 paper checks will be sent in the days and weeks to come.

Taxpayers have until May 31, 2023 to still file and receive a refund.

Massachusetts will give thousands of workers $500 bonus checks in the coming weeks under Massachusetts’ Essential Employee Premium Pay program.

The program will be distributed in several batches with the first round distributed in March.

Eligibility for the second round of checks is determined by your 2021 earnings, regardless of your industry.

Your employment income must be at least $13,500 and have filed a tax return.

This is equivalent to working 20 hours a week for 50 weeks at the state’s 2021 minimum wage of $13.50.

Income must be 300% below the federal poverty level.

Payments are expected to be issued in June.

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One-time payments worth $750 are available for thousands of Americans starting next week.

Plus, here’s why you won’t get paid on Memorial Day 2022.

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