November 2024 Stimulus Payments: Which States Are Issuing Checks?

According to Marca, As the economic landscape continues to evolve, several U.S. states are poised to provide financial relief to residents through stimulus payments or tax rebates in November 2024. These initiatives aim to support families and individuals, reflecting each state’s unique approach to distributing surplus funds or continuing assistance programs.

Stimulus Checks Available in November

New Mexico

New Mexico is launching a rebate program for residents who file their state taxes by May 31, 2024. Married couples filing jointly, heads of households, and surviving spouses can receive up to $1,000, while single filers and married couples filing separately are eligible for up to $500. Payments will be issued automatically once the tax returns are processed.

Arizona

Arizona’s Families Tax Rebate, part of the state’s fiscal budget for 2024, aims to benefit an estimated 743,000 residents. The program offers $250 for each dependent under 17 and $100 for dependents over 17, based on 2021 tax returns. This initiative seeks to provide families with additional support, with payments expected to begin in November.

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Colorado

Colorado continues its TABOR refund program, which redistributes surplus state funds to taxpayers. For 2024, single filers will receive $847, while those filing jointly can expect $1,694. Unlike in previous years, the payments will be distributed equally, with lower-income residents seeing an increase in their refunds.

Maryland

In Maryland, families will benefit from an extended child tax credit program into 2024. Eligible taxpayers can receive up to $500 per child under six or for children with disabilities. This initiative, part of Governor Wes Moore’s broader effort to reduce child poverty, is expected to help around 40,000 residents across the state.

California

California’s 2024 budget includes a one-time child tax credit worth up to $3,600 per qualifying child. Additionally, the state offers a young child tax credit of up to $1,083 for families with children under six who qualify for the California Earned Income Tax Credit.

Conclusion

These financial relief programs are designed to provide crucial support to families and individuals across various states. As the economy continues to shift, such initiatives can help alleviate financial pressures and promote economic stability for residents in need. If you qualify for any of these programs, it’s essential to stay informed and take the necessary steps to ensure you receive your payments on time.