Stimulus Checks and Tax Rebates in December 2023. The distribution of economic aid persists in select states nationwide, with many offering one-time tax refunds to their residents, some exceeding a thousand dollars. Discover the details on where these stimulus checks and tax rebates will be disbursed in December, along with information on eligibility, timing, and amounts.
Alabama: Tax Refund Checks
Alabama residents can anticipate the arrival of tax refund checks in December. To qualify for this economic relief, state taxpayers must have submitted their 2021 Individual Income Tax return, received by the state Department of Taxation on or before October 17, 2022.
Eligibility Criteria:
- Filed 2021 Individual Income Tax return by October 17, 2022.
Refund Amounts:
- Up to $300 for joint filers.
- Up to $150 for single taxpayers.
Distribution Method:
- Direct deposit for those using this option.
- Checks issued and sent via postal mail for others.
Alaska: 2023 Permanent Fund Dividend (PFD)
The state of Alabama is also continuing the distribution of the 2023 permanent fund dividend (PFD) amounting to $1,312. Payments for dividend claims in “Eligible-Unpaid” status as of December 6 will be distributed on December 14.
Montana: Individual Income Tax Refunds
Montana has been issuing individual income tax refunds since June, providing taxpayers with $1,250 or the amount on line 20 on Form 2, whichever is less.
- Refund Amounts: $1,250 for individual taxpayers. $2,500 for married couples filing jointly.
- Refund Duration: Ongoing through December.
New Mexico: Personal Income Tax (PIT) Return Refunds
New Mexico initiated refund distributions in June. Single taxpayers filing a 2021 Personal Income Tax (PIT) return are eligible for a $500 refund, while joint filers qualify for a $1,000 refund.
- Filing Deadline: May 31, 2024, for eligible residents.
- Fast-Track Option: Those filing in November may receive refunds in December.
Washington: Working Families Tax Credit (WFTC)
Residents of Washington have until December to apply for the Working Families Tax Credit (WFTC), offering payments ranging from $50 to $1,200.
- Application Deadline: December 31.
- Processing Time: Up to 90 days to process requests and receive refunds.
Conclusion
As the year draws to a close, various states are actively dispersing stimulus checks and tax rebates, providing crucial economic relief to their residents. Stay informed on eligibility criteria, deadlines, and distribution methods to ensure you receive the financial support you may be entitled to.