{"id":1854453,"date":"2023-02-21T06:19:49","date_gmt":"2023-02-21T11:19:49","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1854453"},"modified":"2023-02-21T06:25:07","modified_gmt":"2023-02-21T11:25:07","slug":"these-17-states-are-exempting-stimulus-payments-from-taxes","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/these-17-states-are-exempting-stimulus-payments-from-taxes\/","title":{"rendered":"These 17 States Are Exempting Stimulus Payments From Taxes"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">18<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fthese-17-states-are-exempting-stimulus-payments-from-taxes%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1854453&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47-->\n<div class=\"featured featured-video video-ct\">\n<div class=\"contain\">\n<div class=\"info\">\n<div class=\"caption\">\n<p>Rep. Buddy Carter (Republican from Georgia) discusses his Fair Tax Act. He also responds to Biden&#8217;s claim that Republicans want to eliminate Social Security and Medicare.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><a href=\"https:\/\/www.foxbusiness.com\/category\/irs\" target=\"_blank\" rel=\"noopener\">The IRS<\/a> The federal government will not tax payments for general welfare or disaster relief made by states, such as California&#8217;s Middle Class Tax Rebate and Colorado&#8217;s Cashback program. In 2022, 17 states offered rebates to residents in order to assist them with ongoing needs. <a href=\"https:\/\/www.foxbusiness.com\/category\/coronavirus\" target=\"_blank\" rel=\"noopener\">coronavirus pandemic<\/a>.<\/p>\n<p>&#8220;The IRS has determined that in the interest of sound tax administration and other factors, taxpayers in many states will not need to report these payments on their 2022 tax returns,&#8221; The service stated in a <a href=\"https:\/\/www.irs.gov\/newsroom\/irs-issues-guidance-on-state-tax-payments-to-help-taxpayers\" target=\"_blank\" rel=\"nofollow noopener\">Press release<\/a>.<\/p>\n<p>Six states, including New York and Illinois, issued tax rebates. In some cases, these refunds can be reported to the IRS and are taxable.<\/p>\n<div class=\"inline image-ct\">\n<div class=\"m\"><source media=\"(max-width: 767px)\" \/><source media=\"(min-width: 768px) and (max-width: 1023px)\" \/><source media=\"(min-width: 1024px) and (max-width: 1279px)\" \/><source media=\"(min-width: 1280px)\" \/><img decoding=\"async\" src=\"https:\/\/a57.foxnews.com\/static.foxbusiness.com\/foxbusiness.com\/content\/uploads\/2020\/08\/931\/523\/stimulus-check-money-istock.png?ve=1&#038;tl=1\" alt=\"image\"   style=\"display:none\"><\/div>\n<div class=\"caption\">\n<p><span>FOX Business illustrates money and budgeting.<\/span><span> (iStock \/ iStock)<\/span><\/p>\n<\/div>\n<\/div>\n<p>These payments are exempted <a href=\"https:\/\/www.foxbusiness.com\/category\/taxes\" target=\"_blank\" rel=\"noopener\">Federal and state taxes<\/a>:<\/p>\n<ul>\n<li>Alaska <a href=\"https:\/\/pfd.alaska.gov\/payments\/tax-information\" target=\"_blank\" rel=\"noopener\">Energy Relief Payment<\/a>. The $3,284 federally taxed Permanent Fund Dividend for the state included a $662 nontaxable Energy relief payment.<\/li>\n<li>California <a href=\"https:\/\/www.ftb.ca.gov\/about-ftb\/newsroom\/middle-class-tax-refund\/index.html\" target=\"_blank\" rel=\"noopener\">Refunds for Taxes of the Middle Class<\/a>. Californians were given $200 to $1,050 in aid of rising gas prices and other necessities.<\/li>\n<li>Colorado <a href=\"https:\/\/tax.colorado.gov\/cash-back#:~:text=About%20Colorado%20Cash%20Back,for%20joint%20filers%20this%20summer.\" target=\"_blank\" rel=\"noopener\">Colorado Cash Back<\/a>. This refund was $1,500 to joint filers and $750 for the individual.<\/li>\n<li>Connecticut <a href=\"https:\/\/portal.ct.gov\/DRS\/Credit-Programs\/Child-Tax-Rebate\/Overview\" target=\"_blank\" rel=\"noopener\">Child Tax Rebate<\/a>. Connecticutans who meet income thresholds were eligible for $250 per child up to three years.<\/li>\n<li>Delaware <a href=\"https:\/\/finance.delaware.gov\/2022-delaware-relief-rebate-program\/\" target=\"_blank\" rel=\"noopener\">Program to Repay the Damage<\/a>. Delaware paid $300 per resident to residents in order for them to cope with the higher grocery and gas prices after the COVID pandemic.<\/li>\n<\/ul>\n<p><a href=\"https:\/\/foxbusiness.com\/personal-finance\/new-irs-tax-brackets-take-effect-2023-meaning-your-paycheck-could-be-bigger\" target=\"_blank\" rel=\"noopener\"><strong><u>NEW IRS TAX BRACKETS TAKE EFFECT IN 2023, MEANING YOUR PAYCHECK COULD BE BIGGER<\/u><\/strong><\/a><\/p>\n<div class=\"inline image-ct\">\n<div class=\"m\"><source media=\"(max-width: 767px)\" \/><source media=\"(min-width: 768px) and (max-width: 1023px)\" \/><source media=\"(min-width: 1024px) and (max-width: 1279px)\" \/><source media=\"(min-width: 1280px)\" \/><img decoding=\"async\" src=\"https:\/\/a57.foxnews.com\/static.foxbusiness.com\/foxbusiness.com\/content\/uploads\/2021\/02\/931\/523\/Sarasota-Florida-iStock.jpg?ve=1&#038;tl=1\" alt=\"image\" \/><\/div>\n<div class=\"caption\">\n<p><span>Sarasota, Florida, skyline<\/span><span> (iStock \/ iStock)<\/span><\/p>\n<\/div>\n<\/div>\n<ul>\n<li>Florida <a href=\"https:\/\/www.myflfamilies.com\/newsroom\/pressreleases\/2022\/20220718-In%20Case%20You%20Missed%20It%20First%20Lady%20Casey%20DeSantis%20Makes%20Major%20Announcements%20to%20Support%20Hope%20Florida.shtml\" target=\"_blank\" rel=\"noopener\">Help for families in need during a pandemic<\/a>. P-TANF paid $450 per Child to the state&#8217;s poorest families and families that care for foster children.<\/li>\n<li>Hawaii <a href=\"https:\/\/tax.hawaii.gov\/act-115-ref\/\" target=\"_blank\" rel=\"noopener\">Act 115 Refund<\/a>. Based on 2021 federal income, Hawaiians could receive $100 or $300 each.<\/li>\n<li>Idaho <a href=\"https:\/\/tax.idaho.gov\/taxes\/tax-pros\/tax-update\/2022-tax-rebates\/\" target=\"_blank\" rel=\"noopener\">2022 Tax Rebates<\/a>. Two rebates were available in Idaho. The Special Session Rebate paid 10% of the 2020 state taxes or $300 (whichever is larger). Couples filing jointly as married received $600. The 2022 Rebate paid the greater of 12% state tax or $75 per taxpayer or dependent.<\/li>\n<li>Illinois has issued two rebates. <a href=\"https:\/\/tax.illinois.gov\/programs\/rebates.html\" target=\"_blank\" rel=\"noopener\">Individual Tax Rebate<\/a> And the <a href=\"https:\/\/tax.illinois.gov\/programs\/rebates.html\" target=\"_blank\" rel=\"noopener\">Property Tax <\/a><a href=\"https:\/\/tax.illinois.gov\/programs\/rebates.html\" target=\"_blank\" rel=\"nofollow noopener\">Rebate<\/a>. According to the IRS, one of these is a refund of taxes that may be reportable. The second is a nontaxable payment for disaster relief. FOX Business asked for clarification but the IRS did not respond. Talk to your tax advisor.<\/li>\n<\/ul>\n<p><a href=\"https:\/\/www.foxbusiness.com\/money\/inflation-could-hit-your-tax-refund-this-year-heres-how\" target=\"_blank\" rel=\"noopener\"><strong>HIGH INFLATION CAN IMPACT YOUR TAXES THIS YESTER &#8211; HERE&#8217;S HOW<\/strong><\/a><\/p>\n<ul>\n<li>Indiana Automatic Taxpayer <a href=\"https:\/\/www.in.gov\/dor\/files\/ib110.pdf\" target=\"_blank\" rel=\"noopener\">Refunds #1 &#038; #2<\/a>. Due to excess tax revenue, Indiana issued two refunds in Indiana totalling $325 ($650 for filing jointly).<\/li>\n<li>Maine <a href=\"https:\/\/www.maine.gov\/governor\/mills\/relief-checks\" target=\"_blank\" rel=\"noopener\">Pandemic Relief Funds<\/a>. Maine sends $850 relief checks to 858,000 Mainers despite high costs.<\/li>\n<li>New Jersey <a href=\"https:\/\/www.state.nj.us\/treasury\/taxation\/itinfaq.shtml\" target=\"_blank\" rel=\"noopener\">Director Assistance Program for ITIN Holders<\/a>. 2021 filers will be awarded $500 per person who files a tax return that includes an Individual Taxpayer ID Number. Income limits may apply. Individuals who have a need for an individual tax payer identification number (ITIN) are eligible to receive one.<\/li>\n<li>New Mexico <a href=\"https:\/\/www.tax.newmexico.gov\/rebates-and-economic-relief-payments\/\" target=\"_blank\" rel=\"noopener\">Multiple rebate and relief programs<\/a>. Eligible taxpayers were eligible to receive up to $750 for a single filing and $1,500 for a married filing jointly if they are head of the household or surviving spouses. This was to help them with rising household, grocery, and gas costs. Non-filers were eligible for rebates up to $500 and $1,000<\/li>\n<\/ul>\n<p><a href=\"https:\/\/foxbusiness.com\/personal-finance\/new-irs-tax-brackets-take-effect-2023-meaning-your-paycheck-could-be-bigger\" target=\"_blank\" rel=\"noopener\"><strong>NEW IRS TAX BRACKETS TAKE EFFECT IN 2023, MEANING YOUR PAYCHECK COULD BE BIGGER<\/strong><\/a><\/p>\n<div class=\"inline image-ct\">\n<div class=\"m\"><source media=\"(max-width: 767px)\" \/><source media=\"(min-width: 768px) and (max-width: 1023px)\" \/><source media=\"(min-width: 1024px) and (max-width: 1279px)\" \/><source media=\"(min-width: 1280px)\" \/><img decoding=\"async\" src=\"https:\/\/a57.foxnews.com\/static.foxbusiness.com\/foxbusiness.com\/content\/uploads\/2020\/05\/931\/523\/new-york-AP-001.jpg?ve=1&#038;tl=1\" alt=\"image\" \/><\/div>\n<div class=\"caption\">\n<p><span>People exercise in view at midtown Manhattan at Hunter&#8217;s Point Park South (May 14, 2020), in Queens, New York.<\/span><span> (AP Photo \/ Frank Franklin II).<\/span><\/p>\n<\/div>\n<\/div>\n<ul>\n<li>New York <a href=\"https:\/\/www.tax.ny.gov\/pit\/child-earned-payments.htm\" target=\"_blank\" rel=\"noopener\">Two rebates issued<\/a>The Supplemental Child Credit, and the Supplemental Earned income Tax Credit. One is a tax refund and can be reported, while the other is non-taxable disaster relief payments. FOX Business asked for clarification but the IRS didn&#8217;t respond. Consult your tax adviser.<\/li>\n<li>Oregon <a href=\"https:\/\/www.oregon.gov\/dor\/programs\/individuals\/Pages\/OTAP.aspx\" target=\"_blank\" rel=\"noopener\">One-time assistance payments<\/a>. Oregon paid $600 for eligible households that received the Oregon Earned income Tax Credit (EITC), on their 2020 tax filing, and who lived in Oregon during the six months prior to 2020.<\/li>\n<li>Pennsylvania <a href=\"https:\/\/www.revenue.pa.gov\/IncentivesCreditsPrograms\/PropertyTaxRentRebateProgram\/pages\/bonus-rebates.aspx\" target=\"_blank\" rel=\"noopener\">One-Time Bonus Rebates<\/a>. For Pennsylvanians over 65 and disabled, a bonus rebate up to $1657.50 could be available.<\/li>\n<li>Rhode Island <a href=\"https:\/\/tax.ri.gov\/guidance\/special-programs\/2022-child-tax-rebates\" target=\"_blank\" rel=\"noopener\">2022 Child tax rebates<\/a>. This rebate was created to help working families deal with inflation. It is $250 per eligible child.<\/li>\n<\/ul>\n<p><a href=\"https:\/\/www.foxbusiness.com\/apps-products\" target=\"_blank\" rel=\"noopener\"><strong><u>GET FOX BUSINESS ON\u00a0THE GO BY CLICKING HERE<\/u><\/strong><\/a><\/p>\n<p>Four other states \u2014 Georgia, Massachusetts, South Carolina and Virginia \u2014 issued income tax rebates. These may be subject to tax in certain situations, according to the IRS.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Rep. Buddy Carter (Republican from Georgia) discusses his Fair Tax Act. He also responds to Biden&#8217;s claim that Republicans want to eliminate Social Security and Medicare. The IRS The federal government will not tax payments for general welfare or disaster relief made by states, such as California&#8217;s Middle Class Tax Rebate and Colorado&#8217;s Cashback program. &hellip;<\/p>\n","protected":false},"author":1,"featured_media":1854456,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_image_alt":"","footnotes":""},"categories":[547],"tags":[19196,5398,4371,10964],"class_list":["post-1854453","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-the-bongino-report","tag-exempting","tag-payments","tag-stimulus","tag-taxes"],"fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1854453","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1854453"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1854453\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/1854456"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1854453"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1854453"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1854453"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}