September 2024 brings potential relief for many U.S. residents as some states continue to offer stimulus payments through specific programs like New York’s School Tax Relief (STAR) and Alaska’s Permanent Fund Dividend (PFD). These payments provide much-needed financial support for families and individuals. Below is an overview of the expected payments and eligibility requirements.
Table of Expected Stimulus Payments in September 2024
State | Program Name | Eligibility | Payment Amount | Distribution Date |
---|---|---|---|---|
New York | School Tax Relief (STAR) | Homeowners eligible for Basic or Enhanced STAR | Basic: $778 (2023), Enhanced: $1,407 (2023) | August – December 2024 |
Alaska | Permanent Fund Dividend (PFD) | Residents who meet state requirements | $1,312 per eligible individual | September 12, 2024 (next payment) |
Colorado | TABOR Refund | Residents who filed a state income tax return | $847 (single filers), $1,694 (joint filers) | September 2024 |
Georgia | Surplus Tax Refund | Residents who filed 2021 and 2022 state income tax returns | Up to $500 | No program for 2024 yet; may resume |
Maine | Winter Energy Relief Payments | Residents who filed a 2021 state tax return | $450 (single), $900 (couples) | Payments still being processed |
Michigan | Earned Income Tax Credit (EITC) | Eligible working families | Average of $550 per family | February 2024 (ongoing) |
Minnesota | Rebate Checks | Residents with qualifying income levels | Varies based on income | Fall 2024 (ongoing) |
School Tax Relief (STAR) Program in New York
The School Tax Relief (STAR) program is designed to help New York homeowners reduce their school tax burden. In 2023, the Basic STAR benefit was $778, and the Enhanced STAR benefit was $1,407. These payments are being sent out between August and December 2024, with most arriving in September.
Alaska’s Permanent Fund Dividend (PFD)
Alaska continues its Permanent Fund Dividend (PFD) program, offering $1,312 per eligible resident. PFD payments are based on state oil revenues and are an essential source of income for many Alaskans. The next round of payments will be sent out on September 12, 2024 for those marked as “Eligible-Not Paid” by September 4, 2024.
Other Stimulus Programs Expected in September 2024
Several other states are offering stimulus-like payments or tax refunds in September 2024. These include:
- TABOR Refund in Colorado: Up to $1,694 for joint filers, with payments expected in September.
- Maine Winter Energy Relief Payments: Some payments from January 2024 are still being processed, with residents receiving $450 or $900, depending on their filing status.
- Michigan Earned Income Tax Credit: Working families can receive an average of $550 in ongoing payments since February 2024.
Is a Fourth Stimulus Check Coming in 2024?
There are discussions about a possible fourth stimulus check aimed at providing $2,000 to low-income earners, SSDI, and SSI recipients. However, no official confirmation has been made yet, and details regarding eligibility and payment schedules are still to be determined.
Conclusion
Though federal stimulus checks have largely ended, some states continue to provide financial relief through programs like the STAR and PFD. Additionally, ongoing discussions about a fourth stimulus check may bring more support for low-income households in 2024. If you believe you are eligible, stay informed by checking your state’s official website and ensuring you meet all the requirements.
FAQ’s
What is the STAR program in New York?
The School Tax Relief (STAR) program helps New York homeowners reduce school taxes. Payments range from $778 to $1,407, depending on eligibility.
When will Alaska’s PFD payments be sent in September 2024?
The next round of Alaska’s Permanent Fund Dividend (PFD) payments will be sent on September 12, 2024 for those marked as “Eligible-Not Paid” by September 4, 2024.
Are there any federal stimulus payments in September 2024?
There are discussions about a possible fourth stimulus check, but no official federal payments have been confirmed for September 2024 yet.