Stimulus Check 2022 Update: May Stimulus Payments
Four states will receive their stimulus payments in May, according to the U.S. Department of the Treasury. The payments, which are part of the American Recovery and Reinvestment Act of 2022, are being sent to California, Delaware, Indiana, and Illinois.
The payments are being made as part of a broader effort by the Treasury Department to send out more than $2 billion in stimulus payments before the end of May. So far, more than 78 million payments have been sent out as part of the program.
“We’re committed to getting these payments out as quickly as possible,” said Treasury Secretary Steven Mnuchin in a statement. “This money will help millions of Americans keep their heads above water.
Residents of four U.S. states may be in line for upcoming stimulus payments that should begin to be paid in May as the country continues to grapple with high inflation.
Three states – California, Delaware, and Indiana – are expected to make payments this month, while the city of Chicago is set to provide prepaid gas cards and transit cards.
Here is a breakdown of the Stimulus upcoming payments by the state.
Eligible residents of California are set to receive payments under two stimulus packages passed last year – Golden State Stimulus I (GSS 1) and Golden State Stimulus II (GSS II).
The state’s residents will receive a check for either $600 or $1,200 in the first stimulus package and a check for up to $1,100 under the second package. Some may receive lower payments under GSS II depending on whether they qualified for GSS I and other factors.
Californians who earn less than $75,000 a year and who filed their taxes by October 15, 2021, will qualify. The state’s Franchise Tax Board (FTB) is also expected to issue a further tranche of checks in June.
Residents may qualify for one or both stimulus payments, according to FTB’s website, and should check their eligibility.
The state of Delaware is planning to issue a tax rebate by the end of May. Individual filers are set to receive $300, while couples who filed jointly can expect a rebate of $600.
The rebates will be made to Delaware residents who have filed a personal income tax return for 2020. The rebate also applies to residents who did not earn enough to file taxes in 2020, according to Delaware Online.
Delaware’s Department of Finance (DOF) told The U.S. Sun: “The state anticipates sending [the] first round of payments in May based on 2020 return data.”
The DOF also said they expect to make further rounds of payments.
The state of Indiana will also be providing tax rebates to eligible residents beginning in May this year.
Those who filed taxes as individuals are set to receive a payment of $125, while married couples will receive $250. Any person who filed taxes in the state before January 3, 2022, will be eligible.
Paper checks may not be issued until July or August, but those who provided banking information with their 2021 tax returns will receive direct payments.
While the state of Illinois is expected to make payments to taxpayers of up to $400 sometime later this year, the city of Chicago will provide prepaid gas and transport cards to residents who are eligible.
The city will issue up to 50,000 prepaid gas cards worth $150 each and up to 100,000 prepaid transport cards worth $50 each. The cards will be issued under Mayor Lori Lightfoot’s Chicago Moves program.
According to Chicago Moves’ website, 75 percent of these cards “will prioritize residents in community areas that face higher mobility hardship” while the remaining 25 percent “will be distributed citywide in equal amounts to each ward.”
The cards will be allotted by a lottery beginning in the second week of May and continuing into September.