CALIFORNIA continues to send out Golden State checks to people in the West Coast state, all while new “stimulus” money is set to be sent to eligible Americans this week.
California has sent as much as $1,100 in new stimulus checks across the Golden State.
The state sent out the money ranging from $600 to $1,100 in a bid to close the gap in federal support. It is estimated that almost two-thirds of California residents are eligible for a stimulus payment, according to Gov. Gavin Newsom’s office.
Families that do sign up for the payments could receive hundreds of dollars every month for each qualifying child.
The IRS is using 2020 tax returns to determine eligibility for the monthly payments, so those who have not filed their taxes yet could miss out on the benefits.
Read our stimulus check live blog for the latest news and updates…
MISSOURI REBATE PROGRAM FOR SENIORS
Missouri also has a rebate program for seniors and those with disabilities.
Renters can get a maximum of $750, while homeowners can get up to $1,100.
Individuals need to be at least 65, while those with disabilities need to be at least 18.
Also, a single filer’s income must not exceed $27,500, or $29,500 for the household.
NEW YORK STATE GOVERNOR ON STIMULUS
New York Gov. Kathy Hochul said at the time: “The Excluded Workers Fund is a critical lifeline to thousands of New Yorkers who were an integral part of keeping our state running during the worst moments of the pandemic.
“This is an important first step – payments are going out ahead of schedule to provide these individuals with the financial relief they need and deserve.”
NEW YORK STIMULUS IS ‘JUST THE BEGINNING’
A report outlining New York City’s recovery plan stated the measures are “just the beginning”.
It said: “The City’s decisions to invest these funds now will help keep New Yorkers safe, restart the economy, rebuild the tax base, increase equity and enable greater economic growth in future years.”
Officials are also investing $52.5million in a bid to bring tourism back to pre-pandemic levels.
UNDOCUMENTED WORKERS RECEIVE CHECK IN NY
New York is also sending out payments to residents who didn’t qualify for federal aid, such as undocumented workers.
To qualify for this payment in New York, you have to be a resident of the state and have made less than $26,208 last year.
Artists in the state can also expect a payment distributed by the New York City Artist Corps in October.
Governor Brian Kemp authorized a one-time $1,000 bonus check for full-time teachers and administrators in Georgia.
Part-time teachers receive a $500 check.
CALLS FOR HELP
Calls for assistance exploded four-fold as Americans sought information about stimulus checks and tax relief.
Over the most recent tax filing season, only three percent of the 85 million calls to the IRS 1040 line reached a telephone assister, according to the National Taxpayer Advocate report.
The IRS call overload has worsened in recent weeks as the October 15 tax extension deadline looms with many Americans seeking last-minute advice.
CALIFORNIA ITN CHECKS
There is a special $1,000 check for taxpayers in California with an Individual Taxpayer Identification Number.
Americans that use ITINs are not eligible to claim federal stimulus payments.
HOW TO TRACK YOUR UNEMPLOYMENT REFUND
Unfortunately, there’s no one easy way to check the status of the refunds so it may be a waiting game for most taxpayers.
One way to know the status of your refund and if one has been issued is to wait for the letter that the IRS sends taxpayers whose returns are corrected.
These letters are sent out within 30 days of a correction being made and will tell you if you’ll get a refund, or if the cash was used to offset the debt.
HOW TO UNENROLL FROM CHILD TAX CREDIT
To unenroll, Americans must access the IRS’ Child Tax Credit Update Portal.
Once on the portal, users should click the Manage Advance Payments button and sign in using either their IRS or ID.me account.
To create an ID.me account, it’s recommended that your Social Security number, some form of photo identification, and a smartphone are nearby.
MICHIGAN CLASSROOM HEROES PROGRAM
More than $50million was dedicated for teachers and around $20million was set aside for support staff.
The grants were for teachers in K-12 full or part-time education and didn’t apply to substitutes.
Checks were mailed by the state Treasury Department on February 25.
PETITION FOR MORE CASH
Almost three million people have signed a petition calling for recurring stimulus checks worth up to $2,000 to be introduced.
The Change.org petition that was launched last year by restaurant owner Stephanie Bonin has topped 2.9million signatures.
She wrote: “Our country is still deeply struggling.
“The recovery hasn’t reached many Americans – the true unemployment rate for low-wage workers is estimated at over 20 percent and many people face large debts from last year for things like utilities, rent, and child care.”
She continued: “Moving forward Congress needs to make recurring checks automatic if certain triggers are met. No more waiting around for our government to send the help we need.”
OPPOSITION TO FLORIDA STIMULUS
Nancy Velardi, president of the Pinellas Classroom Teachers Association, claimed the Florida Governor is “Trumping it”.
The accusations were dismissed by the state’s education commissioner Richard Corcoran.
The bonuses for the teachers will come from funds in the third round of the Elementary and Secondary School Emergency Relief Fund.
FLORIDA GOVERNOR ON CHECKS
Governor Ron DeSantis said: “We know that the pandemic put an awful lot of strain on our first responders, EMTs, sworn law enforcement, firefighters and so we believe that we should recognize their sacrifice over the last year.”
The one-time payment was first proposed by the Republican Governor in March.
The state budget has set aside over $400 million to pay for the bonuses.
TEACHERS GET EXTRA STIMULUS
Earlier this year, teachers and members of staff pocketed an extra $1,000 in districts across Georgia.
More than $50million was dedicated for teachers and around $20million was set aside for support staff.
The Supplemental Nutrition Assistance Program [SNAP] is increasing its benefit by 25 percent on average starting in October.
It provides food-purchasing assistance for low and no income people.
Each state has a different application form, which can be found online.
Before the pandemic the SNAP payment was around $121 per person.
From October the average increase will be $36.24 per person per month.
It will be the first time SNAP has increased since 1975.
DIFFERENT KINDS OF 529 PLANS
There are two types of plans – the prepaid tuition and education savings – and the benefits vary depending on which one you choose.
All 50 states and the District of Colombia sponsor at least one of the plans.
The funds in the accounts can only be used to educational purposes and savers face forking out a huge fee to withdraw the money for any other reason.
WHAT IS A 529 PLAN?
A 529 is a tax-advantaged savings plan designed to get you to save for future education costs, according to US Securities and Exchange Commission.
They’re sponsored by states, state agencies or educational institutions and authorized by Section 529 of the Internal Revenue Code, hence its name.
ERROR ON FLORIDA CHECKS
Teachers and principals in Florida were rewarded with a $1,000 stimulus check for their work during the Covid-19 pandemic.
But, when teachers tried to cash in their checks, some received an error saying: “Insufficient funds”, the Miami Herald reports
Florida Department of Education spokesperson Jared Ochs said stimulus payments issued to at least 50 teachers across the state bounced.
Allison Reed of JPMorgan Chase added: “We apologize for any inconvenience this has caused and are working to correct it, including refunding any fees incurred by the recipients as a result.”
STUDENT LOAN PAYMENT MORATORIUM, CONTINUED
Until January 31, students do not have to make a debt repayment, and their balances will remain static.
If you are worried about making payments when they resume in February 2022, you should check if you can change your loan to a cheaper payment plan.
PREPAID TUITION PLAN, CONTINUED
If a beneficiary doesn’t attend a participating college or university, then the credits may be worth a lot less than your investment when spending it elsewhere.
There’s also a risk the plan’s sponsor could dip into the funds if they comes into a financial shortfall before you need them.
This is because they’re not guaranteed by the federal government, so if your sponsor goes bust, so could your investment.
WHAT IS A PREPAID TUITION PLAN?
A prepaid tuition plan lets savers buy credits at participating colleges and universities.
They can’t be used to pay for tuition for elementary or secondary schools.
It doesn’t usually cover room and board costs, just the fees charged for the course.
Most of these plans are sponsored by state governments so often come with specific eligibility requirements, like you can only open one if you live in the same state.
You’ll also have to have an idea of where you’ll want to yourself, or your beneficiary, to study when opening a prepaid tuition plan.
STIMULUS CHECKS FOR RETURNING TO WORK, PART TWO
Gov Ducey wanted to get as many Americans in the state to rejoin the workforce by Labor Day – September 6, KOLD 13 reports.
Introducing the scheme, he said: “With ample supplies of the COVID-19 vaccine on hand and millions of Arizonans vaccinated, people feel safer and are finally returning to life in Arizona as we knew and loved it before.”
“People are back in the office, restaurants are at full capacity and tourists are flocking to our state.”
STIMULUS CHECKS FOR RETURNING TO WORK
People in some states could receive an extra stimulus check worth up to $2,000 if they return to the workplace.
For instance, Republican Doug Ducey, of Arizona, proposed the Back to Work Plan in May.
Americans that landed a full-time job would receive a one-time stimulus check of $2,000 and there was a $1,000 cash payment for people who scored part-time positions.
KENTUCKY HAS RETURN TO WORK ‘STIMULUS’ SCHEME
He said: “We want every Kentuckian working and participating as we sprint out of this pandemic with our economy booming.”
“We wanted the right solution – not a red state or blue state solution – to thread this needle right to energize our thriving economy while looking out for those still trying to emerge from this once-in-a-lifetime pandemic who desperately need help.”
“This is a step in the right direction for our people, our economy, and our employer.”
46 total views, 1 views today