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Unlock $3,284 in April with Direct Payments for Eligible Americans – Beware of $2,600 Catch!

Unlock $3,284 in April with Direct Payments for Eligible Americans - Beware of $2,600 Catch!
People who filed their taxes by the extended deadline of February 15 are getting tax refunds of up to $800 from South Carolina. (Photo: Getty Images/iStockphoto)

Direct payments for eligible Americans will get more than $3,200 in cash, but there is a huge tax catch that could be a surprise.

Unlock $3,284 in April with Direct Payments for Eligible Americans - Beware of $2,600 Catch!

People whose real estate taxes are less than $30 will get a credit on their next bill. (Photo: iStock Photo)

Eligibility of Americans for Direct Payments 

Every year, the Permanent Fund Dividend is given out by the state of Alaska (PFD). This has been in place since 1982, giving residents payments for eligible Americans as a share of the state’s oil money. Some residents will still get the PFD from the state until 2023, so last year’s payments for eligible Americans was worth $3,284.

Alaska has been sending cash to people whose applications have the status “Eligible-Not Paid” since 2023. The state’s Department of Revenue has said that at least two more PFD payments will be sent out this year. This includes people whose statuses on April 12 and May 10 are “Eligible-Not Paid.”

The payments will be sent to residents in these groups on April 20 and May 18, respectively. To get a payment in 2022, you must have filled out an application by March 31, which is the deadline each year. Also, you must have spent the whole year 2021 in Alaska. Alaskans have only a few days left to get their PFD for the year 2023.

READ ALSO: Exclusive: Are You Eligible for $800 Monthly Direct Payments? Apply Now for Financial Assistance

Payments for Eligible Americans are Going Out

In the meantime, payments for eligible Americans are being sent out by other states and cities. One example is that the Richmond City Council in Virginia is giving rebates from a pot of $18 million. People who receives payments for eligible Americans can figure out how much of a rebate they will get by dividing the total value of their taxable property by $100 and then multiplying that number by five cents.

“In one case. In 2023, a property with a tax value of $249,000 will get a credit or rebate of $124.50 ($249,000 / $100 x $0.05), “the city’s Finance Department said. Those who owe less than $30 in real estate taxes will get a credit on their next bill. Local news station WWBT says that all of the checks should arrive by April 14 since they are all being sent out now. Georgia has approved a new tax rebate that could save people up to $500.

You must have filed taxes in both 2021 and 2022 and live in the state to get a rebate this year. If you file by April 18 or later, you’ll get your money by July 1. People who filed their taxes by the extended deadline of February 15 are getting tax refunds of up to $800 from South Carolina. Those who receive payments for eligible Americans must owe taxes in order to get them, while those whose tax bill is less than $800 will get a rebate of the same amount.

READ ALSO: Receive Payment Up to $3,627: Social Security Disability Benefits

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