Although the federal government is no longer providing stimulus money, several states have come up to provide a fourth stimulus check to people in 2022.
Per Go Banking Rates, four states are already planning further stimulus payments — and while everyone may not be qualified, these payments have the potential to help 87 million citizens in total.
States that provide stimulus checks until now
- New York
The Excluded Workers Fund, a $2 billion stimulus fund, has been established to assist illegal workers who were unable to receive prior government stimulus checks. Money has been handed out to persons within the group earning and who earned less than $26,208 in 2020. In 2022, this initiative will be expanded.
In 2022, Indiana citizens may be eligible for additional funds. The Indiana state government had a large surplus last year, and the administration intends to give taxpayers a $125 tax refund.
Governor Gavin Newsom proposed a $286 billion budget for the fiscal year 2022. While the budget does not include another round of Golden State Stimulus checks, more tax refunds may be available this year as the state determines how to spend its budget surplus.
According to Governor Ron DeSantis, Florida teachers might get a $1,000 stimulus check this year. This payment will be sent to about 177,000 Florida teachers and administrators. In addition, Gov. DeSantis has set aside $600 million to increase the minimum teacher salary from $40,000 to $47,500.
You need this letter for a federal stimulus check
The majority of Americans got their full Economic Impact Payment — or third stimulus payment — in 2021, but there’s a chance you’ll get extra. If you had a baby last year or added a qualified child to your household, you’re entitled to an extra $1,400. If your income changed dramatically in 2021, you might possibly be owing extra money.
The third stimulus checks were mailed out in January, but individuals who are eligible for extra money can claim the recovery rebate credit on their 2021 tax returns when they file this year. The only caveat is that you’ll require an IRS letter to do so.
Starting in late January, beneficiaries of the third stimulus check received Letter 6475, Your Third Economic Impact Payment. It’s the official documentation of your stimulus payments for the entire year of 2021. The letter might help you figure out if you owe additional money through the recovery rebate credit. Even if you don’t qualify for further funds, the letter is required to declare stimulus payments on your tax return, as per CNET.