Stimulus checks, rebates and other payments to hit bank accounts next month

Several states are expected to mail stimulus checks, tax refunds and other payments in September amid near-historic inflation.

Recent data released by the federal government shows that the consumer price index, a key indicator of inflation, remained relatively high at 8.5% in July. While that was down from 9.1% in June, the numbers represent highs not seen in around four decades.

Alaska

Alaskans can expect payments of up to $3,200 per person to be deposited into bank accounts on Sept. 20, including a $650 payment to offset rising fuel costs, according to an announcement government last month.

The Alaska Legislature passed a budget compromise in July that includes payments of $3,200 to Alaskans. The budget compromise provided for a Permanent Fund dividend of $2,550 and one-time energy assistance of $650 for each dividend recipient.

This will be a one-time payment for all eligible Alaskans whose applications were approved before September 9. People who have filed a paper application or requested a paper check will receive it starting around October 3.

“Alaskans, especially in rural communities, will face extraordinarily high fuel and heating oil bills this winter, and soaring inflation is forcing every Alaskan family to pay more for basic needs, like food. and drugs,” Gov. Mike Dunleavy said in a statement. program statement.

Illinois

In Illinois, the state’s Family Relief Plan offers $50 to single filers, while joint filers will receive $100. Families with dependents can get up to $300, depending on the state.

Those payments will be sent beginning Sept. 12, the state said on its website.

To be eligible, individuals must have been a resident of Illinois in 2021 with adjusted gross income on 2021 Form IL-1040 of less than $200,000 as a single filer or less than $400,000 as a joint filer , says the website.

Minnesota

Workers eligible under the Minnesota Frontline Worker Payments program will be eligible for stimulus payments worth up to $750, depending on the state.

Frontline workers, according to the state, work in health care, long-term care, emergency services, schools, retail, child care centers and public transportation. Those who applied between June 8 and July 22 and are eligible will receive the money between September and October, officials told CBS News.

Indiana

Indiana residents can receive tax refunds worth up to $650, according to the state’s website. Checks were due to be sent in August but were delayed due to lack of paper.

“With approximately 50,000 checks printed each day, their office expects the 1.7 million refund checks to be mailed in early” October, according to the government website.

Single taxpayers can get $325 and couples filing jointly will get $650.

Colorado

Colorado residents who filed their 2021 tax returns by June 30 can get a check for $750 by September 30, according to the 1992 Taxpayer Bill of Rights. Joint filers will get up to $1,500, a indicated the state.

Residents will receive cash back from Colorado by Sept. 30, the state’s website said. Extended filers with an October 17 deadline will receive their refund by January 31, 2023.

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Jack Phillips is a breaking news reporter at The Epoch Times based in New York.