Stimulus Payments September 2024: What payments could you be getting next month?

In September 2024, several states are issuing stimulus payments. Colorado will provide TABOR refunds of $847 for single filers and $1,694 for joint filers to residents who filed a state income tax return, expected in early fall. Georgia may offer up to $500 for those who filed state tax returns for 2021 and 2022, with dates to be announced. Maine will issue Winter Energy Relief Payments of $450 for individuals and $900 for couples, with additional payments anticipated. Michigan’s Working Families Tax Credit, averaging $550 per family, continues from February 2024, while Minnesota’s rebate checks, varying by income, will be distributed through fall 2024.

New York’s STAR Program Provides Relief

Homeowners in New York State can look forward to receiving their STAR (School Tax Relief) checks in September. This program is designed to alleviate the burden of school taxes. For 2023, the Basic STAR program provided an average payout of $778, while those qualifying for the Enhanced STAR received an average of $1,407. The State Department of Taxation and Finance has already begun distributing these checks. Homeowners can expect to see the benefits reflected on their tax bills between late August and December, depending on their location. Most STAR benefits are distributed in the fall, with a significant portion starting to be sent out in September.

Possible Fourth Stimulus Check on the Horizon

There is ongoing discussion about additional financial support for individuals affected by the COVID-19 pandemic. This could include a potential $200 increase in benefits and a $2,000 fourth stimulus check for those receiving Social Security Disability Insurance (SSDI), Supplemental Security Income (SSI), and low-income individuals.

While specific details on eligibility and payment dates are yet to be announced, these discussions suggest that additional stimulus payments may be on the way. Eligible recipients should stay tuned for official updates regarding these potential benefits.

Alaska’s Permanent Fund Dividend (PFD) Payments

In Alaska, residents can expect their annual Permanent Fund Dividend (PFD) payments. This year, eligible Alaskans will receive $1,312 through the PFD program, continuing the state’s tradition of sharing the benefits from its natural resources. The latest payments were distributed on August 15. Those with pending applications marked as “Eligible-Not Paid” by September 4, 2024, will receive their payments on September 12, 2024. The PFD remains a crucial financial support for many Alaskans. The program also offers additional funds for each dependent child listed on the application, acknowledging the financial responsibilities of raising children and providing extra support to families.

Key Dates to Remember

• August 15, 2024: Latest PFD payments distributed.
• September 4, 2024: Deadline for pending PFD applications to be marked as “Eligible-Not Paid.”
• September 12, 2024: Payment date for pending PFD applications.

As September 2024 approaches, various stimulus programs are set to provide financial relief to eligible individuals. From New York’s STAR checks to potential fourth stimulus payments and Alaska’s PFD, these programs aim to support homeowners, families, and low-income individuals. Stay informed and ensure all necessary applications and tax filings are up to date to benefit from these upcoming payments.