Automatic Checks Coming To New Yorkers This October
Do you qualify to receive an inflation rebate check from New York State? If so, how much will you get? Times are tough! None of the economic promises that were made last year, ahead of the November elections have panned out. The American economy is not booming. There have actually been many business closures, especially in New York, due to the terrible economy. We were told that inflation was President Joe Biden's fault, meanwhile, 6 months into the new administration the inflation rate increased by .3 percent to 2.7 percent thanks to Trump's tariffs. For a group of politicians to peg themselves as the solution, it sure seems like nothing is being solved. Thankfully, New York State is giving $3 billion back to taxpayers.
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Governor Kathy Hochul and the Democrat-led New York State Legislature passed the 2025-26 Fiscal Year Budget, which has a provision for inflation rebate checks. We certainly need all the help we can get based on how this economy is going!
"The 2025–2026 New York State budget provides for the state’s first-ever inflation refund checks. These one-time payments provide relief to New Yorkers who have paid increased sales taxes due to inflation. If you qualify for a payment, you do not need to do anything; we will automatically send you a check."
Are You Eligible To Receive An Inflation Rebate ChecK?
The checks will be going out in mid-October to those who are eligible. In order to receive a check you must meet certain criteria.
- You must have filed Form IT-201, a New York State Resident Income Tax Return in 2023.
- You must not have been claimed as a dependent by another NY taxpayer.
- You must fall into the income categories below
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Income Thresholds For New York's Inflation Rebate Checks
Single - Income of $75,000 or less - You will receive a $200 check
Single - Income of more than $75,000, but less than $150,000 - You will receive a $150 check
Married filing joint- Income of $150,000 or less - You will receive a $400 check
Married filing joint- Income of more than $150,000, but less than $300,000 - You will receive a $300 check
Married filing separate - Income of $75,000 or less - You will receive a $200 check
Married filing separate - Income of more than $75,000, but less than $150,000 - You will receive a $150 check
Head of household - Income of $75,000 or less - - You will receive a $200 check
Head of household - Income of more than $75,000, but less than $150,000 - You will receive a $150 check
Qualified surviving spouse - Income of $150,000 or less - You will receive a $400 check
Qualified surviving spouse - Income of more than $150,000, but less than $300,000 - You will receive a $300 check
You can find more details here.
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