Governor Hochul made the announcement, find out how much you might receive
New York State is set to mail out "inflation refund" checks to 8.2 million eligible tax filers starting in October, with amounts of up to $400 per recipient. The one-time checks are part of the $254 billion state budget passed in May and will be sent directly to recipients' homes. Eligibility is based on 2023 state income tax returns, with individuals earning up to $75,000 eligible for $200 checks and joint filers with incomes up to $150,000 eligible for $400 checks. The refunds aim to provide financial relief to New Yorkers amid rising inflation, with recipients encouraged to share how they plan to use the funds.
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