Sources
Loading...
Additional media
Loading...
DeepNewz, mobile.
People-sourced. AI-powered. Unbiased News.
New York state will begin mailing one-time “inflation refund” checks to more than eight million residents in October, according to information released by multiple state agencies on Wednesday. Eligibility is based on having filed a 2023 Form IT-201 resident income-tax return. Qualified taxpayers will receive $150, $200 or $400, depending on adjusted gross income. State officials say the program is designed to offset the impact of higher consumer prices by returning a portion of the sales-tax revenue collected during the recent inflation surge.
Inflation refund checks will be sent to over 8 million New Yorkers beginning in October. The funding is meant to offset the impact of the affordability crisis. https://t.co/wN9Ff79N3f
New Yorkers who filed a 2023 Form IT-201 resident income tax return will receive an inflation refund check of $200, $150, or $400 depending on their adjusted gross income, with the checks being mai… https://t.co/vEoxA6PyuJ
The state will mail inflation refund checks to over 8 million people starting in October. The one-time payments are supposed to blunt the effects of the affordability crisis by returning a portion of inflated sales taxes already paid by New Yorkers. https://t.co/9tfT7nyQyq
