Stimulus checks worth $270 are already on their way for eligible New Yorkers, according to the New York State Department of Taxation and Finance.
The checks are part of the latest stimulus payments issued by Gov. Kathy Hochul (D-NY) last month. She said that the taxation department would release the child and earned income tax payments by the end of this month to help fight rising inflation. It is estimated that 1.75 million New York residents will receive this payment.
"With this relief package, we're making good on our commitment to helping hardworking New Yorkers through the nationwide affordability crisis," the governor said. "This program will put money back in the pockets of nearly 2 million New York families struggling to make ends meet in the face of the pandemic, inflation, and other rising costs. ... I thank the legislature for its partnership in ensuring that New York families get this much-needed financial assistance."
Hochul and New York state's legislature approved the Additional NYS Child and Earned Income Tax Payment as part of the budget for fiscal year 2023.
Recipients will get the checks automatically. Those who got at least $100 from an Empire State child credit or income credit and filed a tax return with the state by April 18, 2021, do not need to do anything else, according to New York's website.
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“We’re delivering these relief checks to hardworking New Yorkers who’ve been feeling the pinch of inflation,” acting DTF Commissioner Amanda Hiller said. “The average payment is about $270 for each recipient, which will help address rising costs associated with the pandemic and inflation.”
The department began issuing checks on Wednesday, with most checks expected to reach residents by Oct. 31, 2022.
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