With inflation hitting the United States by storm, residents of the country are bearing the brunt of it. According to CNBC, prices for essentials such as food and shelter have risen by 8.5% every year. Hence, some US state governments have taken it upon themselves to help its residents cover their household expenses.
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Nationwide inflation relief scheme
Payments of different scales are ready to be remitted in the coming weeks as inflation relief payments. The public is set to receive these payments via direct deposit or a tax rebate paid out as cash. With different parameters to determine the eligibility of the amount receivable in various states, it is said that most residents will qualify for some amount of money.
The eligibility for Western State citizens
Since this is a relief check issued by state governments, every geographical territory considers different eligibility criteria. Here's what the Western States are doing:
California
Californians are set to receive anything between $200-$1050 as direct deposits. According to Marca, the state offers different schemes for married/registered partners, widowers, singles and so on.
Colorado
Colorado has opted for a one-time tax rebate check of $750 for individuals and $1500 for joint filers, per CNBC Make It. The eligibility extends only to tax filers and not their dependents.
Hawaii
Hawaii is offering a one-time relief check of $300 each for single filers and their dependents who earned less than $100,000 as of 2021. Taxpayers who earned more will receive $100 each.
Idaho
One can qualify for the check if the taxes for 2020 and 2021 are filed before the end of the year. With the state tax surplus already being circulated as bonus rebates, a single filer receives about $300. This ison top of the $75 per taxpayer and dependent.
New Mexico
With already existing tax rebates available for the residents, New Mexico residents already automatically receive a rebate between $250-$1000, depending on their annual income. These payments are dispersed with no action needed by direct deposits or checks.
Sources used:
CNBC Make it: 'If you file taxes in these 17 states, you could be getting an inflation-relief check from the government - here's who qualifies'
Marca: 'Inflation relief: New $1,050 stimulus check for Californians; dates and how to apply?'
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