Fourth Stimulus Check Update: Who Will Be Eligible For Rebates And Cash During Tax Season

With the effects of inflation still being felt by Americans despite the overall metrics starting to trickle down, many are desperate for any form of relief they can get. While the federal government has made it clear that stimulus checks are not going to be offered at that level again for the COVID-19 crisis, some states will be making it easier for residents to potentially score some extra cash as they file their tax returns through rebates.

Specifically, four states are, or already have, sent out payments to eligible residents to help them as they combated still high prices at the grocery store, gas pump, and elsewhere. Here's where they were:

Colorado:

Beneficiaries of the Taxpayer's Bill of Rights (TABOR), a state law that requires a refund of surplus tax revenue, sent $750 checks to individual filers of 2021 tax returns and $1,500 for joint filers. The deadline for those who want payments later this year need to file their 2022 returns by April 18, and those with a state income tax liability or who claim a refund of wage withholding have until Oct. 16 to file and be eligible for a TABOR refund.

Massachusetts:

According to state law, the state must return to taxpayers a portion of excess tax revenue if the collections exceeded the annual tax revenue cap. The state announced last year it had collected nearly $3 billion in excess taxes. As such, eligible taxpayers began receiving refunds in November which comes to 14.0312% of their personal income tax liability, based on their 2021 returns. Those who have not yet filed 2021 returns have until Sept. 15, 2023 to do so in order to qualify for their refund.

Michigan:

Michigan Gov. Gretchen Whitmer and Democratic legislators in the state have proposed a plan to send $180 checks for inflation relief to those who file for the 2022 tax year. Singles filing would receive a $180 check, and married taxpayers who file separately would receive $90 a piece. Couples filing jointly would also receive $180. The proposal still needs approval and support from Republican lawmakers to take effect.

New Jersey:

The state's ANCHOR benefit program, or "Affordable New Jersey Communities for Homeowners and Renters" will allow homeowners who earn up to $150,000 to receive $1,500 in property tax refunds while those making between $150,000 and $250,000 will receive $1.000, while renters earning up to $150,000 will receive a check for $450. Residents have until Feb. 28 to file an application for the relief.