MANY Americans are eligible to apply for a lump sum payment of up to $1,500, and the original deadline has been pushed.

 A $2billion funding was approved earlier this year, so New Jersey residents can apply for the tax rebates even beyond the deadline.

New Jersey residents can get up to $1,500 if they are homeowners

There will be roughly 870,000 New Jersey homeowners who will get $1,500, but they have to make below a certain amount.

The original deadline was pushed by a little over a month to 2023, so don’t wait any longer.

How much will you get

Homeowners who earn $150,000 or less will get $1,500 while those who earn between $150,000 and $250,000 will get $1,000.

For renters who earn up to $150,000, they will get $450, and there are about 900,000 renters who will receive the payment.

read more bonus payments

INCOMING CASH

Americans in line for one-time bonus payment worth about $233

EXTRA CASH

One-time bonus payment worth $350 available for eligible Americans

To qualify, residents must have owned or rented a property from October 1, 2019.

People should expect the payments in May of 2023.

Deadline pushed

The original deadline for the tax rebate was on December 30, 2022, but it’s now been pushed to January 31, 2023.

With the extension, this will give more Jersey residents time to apply for rebates.


Other payments

If you’re not a New Jersey resident, there are several states that are sending out rebates as well.

For awhile now, Alaska has been giving its citizens checks under the Permanent Fund Dividend.

The fund was designed to provide state citizens with a portion of state oil revenues. 

Struggling families in Phoenix, Arizona, are receiving $1,000 debit cards for one year.

To be eligible, a family of four’s earnings cannot exceed 80 percent of the median income for the area, which is $63,200.

In Chicago, a total of 5,000 low-income people are getting $500 a month for one year as part of Chicago’s Resilient Communities pilot program.

The first recipients started receiving direct payments in July.

The city said it’s the largest guaranteed income program in the country.

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Read about the four things you need to know about stimulus payments in 2022 and beyond.

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