In USA, the residents of two of its states will receive stimulus checks in August, which is financial support that is delivered through the IRS and whose purpose is to help people achieve a good financial foundation. This payment has already started, but it has not yet come to an end and to learn more about it, Depor has prepared this article with all the information about it.
What are the beneficiary states of the stimulus checks?
- Alaska: This state shares investment income from oil with state residents through the Permanent Fund Dividend program.
- California: The state will distribute the checks to residents who filed their taxes electronically and received their refund via direct deposit. Now, they will receive payment in the same way.
- Minnesota: Elected residents began receiving tax year 2021 direct tax refund payments.
What are the requirements to receive the stimulus check if you are in Alaska?
You only have to meet the following three requirements to access the stimulus check benefit:
- Have no criminal history
- Not have claimed residence in another state during the year
- Additionally, you must intend to continue living in the state indefinitely.
What are the requirements to receive the stimulus check in Minnesota?
You only have to meet the following requirements to access the stimulus check benefit:
- Have resided in Minnesota for part or all of the year 2021
- Have filed the corresponding returns before December 31, 2022: (2021 Form M1, Individual Income Tax/ 2021 Form M1PR, Homestead Credit Refund (for Homeowners) and Renter’s Property Tax Refund).
- If 2021 adjusted gross income was $150,000 or less for married joint filers or $75,000 or less for all other taxpayers.
- You were not claimed as a dependent on someone else’s 2021 Minnesota income tax return.
What are the requirements to receive the stimulus check in California?
You only have to meet the following requirements to access the stimulus check benefit:
- Be a California resident for six months or more of the 2020 tax year and a resident on the date the payment is issued
- Meet California Adjusted Gross Income (CA AGI) limits
- Have filed the 2020 tax return before October 15, 2021
- Not have been chosen to be claimed as a dependent in tax year 2020
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