The citizens of the United States are to get financial aid from the government through the direct payment programs expected to cash out in the coming month, February.
The general public has been in financial turmoil owing to the present inflation rates and the record increase of 8.7 percent in the COLA (the cost of living adjustment).
The central and state government have been issuing many programs to financially assist the citizens. As of now the people of America are looking forward to the direct payments that are about to be issued by the different states.
The states that have initiated direct payment programs to go out in February are one program in the state of California, one program in the state of Idaho, two programs in the state of Illinois, one program in the state of Massachusetts, one program in the state of Virginia, and one program in the state of Wisconsin.
1. California
The people of California can expect a direct payment program in February.
What Is California’s Direct Payment Program In February?
The direct payment program is a part of the Middle-Class Tax Refund Program. It would be paid in a one-time payment mode.
How Much Amount?
The range of the direct payment program would be an amount between, the lowest amount starting from 200 US Dollars and going as high as 1,050 US Dollars.
Who Is Eligible?
The Californians who have filed their tax return for the year 2020 and updated their bank credentials after the filing has already received a debit card between the dates of 17th of 2022 December, and the 14th of 2023 January.
The Californians who have filed their tax return for the year 2020 and have updated their residential or communication address or both are supposed to receive a debit card between the dates of the 30th of January 2023, and the 14th of February 2023.
The mandatory requirements that have to be satisfied to receive the direct payment program are:
1. Residency Requirements:
Should have been a resident of California for six months or more than that in the tax year of 2020
Should have the status of the resident of California on the date of the issue of the direct payment.
2. CA AGP California Adjusted Gross Income Limit Requirements:
Should come within the limits specified according to the adjusted gross income (AGP) of California.
3. Application Requirements:
Should not have claimed the status of a dependent in the tax year of 2020.
4. Tax Return Filed Date Requirements:
Should have filed their tax return for the year 2020 on or before the 15th of October 2021.
2. Idaho
The people of Idaho can expect a direct payment program in February.
What Is Idaho’s Direct Payment Program In February?
The program comes as part of a rebate that was approved by the government earlier in September 2022. The rebate was introduced to allocate a package to the citizens to lower the cut taxes and the budget surplus which was recorded as the highest data of the state. The amount would be received as a direct payment in the recipient’s bank account.
Who Is Eligible?
A citizen of Idaho who has already filed either for the individual income tax return of the state or Form 24 for the respective year is deemed eligible.
The mandatory requirements that have to be satisfied to receive the direct payment program are:
1. Residency Requirements:
- Should have been a full-time resident of the state of Idaho.
- Someone who has a permanent residence in Idaho and resided in it for more than 270 days in the year.
- Should have domiciled in Idaho for the whole of the tax year.
- Those who are not residents of the state are not eligible.
- Those who have the status of a part-time resident of the state (less than 270 days) are not eligible.
How Much Amount?
A maximum amount of 600 US Dollars as a one-time lump sum payment is to be issued by the state of Idaho. The amount can differ from person to person where the minimum amount is deemed as 300 US Dollars and the higher amount as 600 US Dollars.
The State Tax Commission of Idaho has stated that a total amount of 500 million US Dollars in an 800,000 rebate would be sent over to the eligible recipients. The process can take time up to the end of March to be completed.
3. Illinois Cook County Guaranteed Income Program
The people of Illinois can expect two direct payment programs in February. Both programs are in the form of guaranteed income programs.
Cook County and the town of Evanston are the ones providing the programs.
Cook County Guaranteed Income Program
The people of Cook County can expect payment in February. It is regarded as the largest guaranteed income program in the whole of the United States of America.
Who Is Eligible?
Everyone was eligible to apply for the program. Although people meeting certain requirements will only be deemed eligible. The number of individuals who has the status of selected is 3,250 in number.
1. Residency Requirements:
Should be a full-time resident of the County of Cook.
2. Income requirements:
- Should have an income of or less than 250 percent of the federal poverty line.
- An applicant who is an individual should have an income of or less than 33, 975 US Dollars.
- An applicant family consisting of four members should have an income of or less than 69, 375 US Dollars.
How Much Amount?
The authorities of the County have already made a list of the participants who are chosen from a lottery. The payments would be 500 US Dollars.
4. Illinois Evanston Town Guaranteed Income Program
The people of the town of Evanston can expect payment in February. It is another guaranteed income program. The program already started in the December of the previous year, 2022. The payment is set to be carried out through a debit card. A total of 150 people have already been selected for the program by the authorities.
Who Is Eligible?
In order to be deemed eligible for the program the applicant has to be a resident of the town of Evanston in Illinois.
1. Residency Requirements:
An applicant should be a full-time resident of the town of Evanston.
2. Age Requirements:
There are certain age limits that one has to fulfill to be a beneficiary of the program. They are:
- An applicant in the youth-adult category should have a minimum age of 18.
- An applicant in the youth-adult category should not exceed the maximum age of 24.
- An applicant in the senior adult category should have a minimum age of 62.
- Any applicant above the age of 62 can apply for the senior adult category.
3. Income Requirements:
- Should have an income of or less than 250 percent of the federal poverty line.
- The income in a household consisting of a single person should be at or below 33, 975 US Dollars.
How Much Amount?
An amount of 500 US Dollars would be issued as part of the program every month for two years.
Must Read: American Opportunity Tax Credit (AOTC) Eligibility Explained
5. Massachusetts
The people of Massachusetts can expect a direct payment program in February. The program is taken care of by the city of Chelsea in Massachusetts. It is a part of the Universal Basic Income Program that had already been initiated in the December of the last year, 2022.
The first round of payments was distributed in earlier months. February is set to witness the second round of the program that started in the December of 2022. The last date to submit an application for the program was at 12 pm on Jan 6, 2023, Friday.
The first phase of the program was successfully carried out by issuing payments in November 2020, and August 2021. A total number of 2,000 households had become beneficiaries.
Who Is Eligible?
To be considered eligible for being the beneficiary of the program an applicant has to come under particular requirements.
1. Residency Requirements:
The applicant has to be a full-time resident of the city of Chelsea.
2. Income Requirements:
The applicant should have an income of or below 30 percent of the area median income.
How Much Amount?
The amount of the payments of the Universal Basic Income Program is arranged in a varying range of dollars. It differs from person to person based on different criteria.
The minimum, amount that would be received by an eligible citizen would be 400 US Dollars and the maximum amount that would be received by an eligible citizen of the town of Evanston would be 700 US Dollars.
6. Virginia
The people of Virginia can expect a direct payment program in February. The program is funded in the city of Alexandria, in Virginia. The program is the ARISE ( the Alexandria Recurring Income for Success and Equity).
The payments are carried out via cards that are similar to debit cards. A total of 170 applications were selected by the authorities.
Who Is Eligible?
In order to receive the benefits of the program the applicants were chosen on the basis of mandatory residency, age, and income restrictions.
1. Residency Requirements:
An applicant should be a full-time resident of the Virginian city of Alexandria.
2. Age Requirements:
An applicant should be an adult with a minimum age of 18 years
3. Income Requirements:
- An applicant should have an income of or less than 50 percent of the area median income.
- An applicant’s family should not exceed the maximum family income limit of 49, 850 US Dollars.
How Much Amount?
The chosen participants would be having the benefit of an amount of 500 US Dollars that they can receive up to two years from the date on which the program started.
7. Wisconsin
The people of Wisconsin can expect a direct payment program in February. The program is run by The Madison Forward Fund. The procedures of the program started earlier and when the applications have invited the authorities received applications numbering more than 3,000 ones in number. From these only 155 households were selected.
Who Is Eligible?
To be eligible for the program, the applicant’s household has to meet the requirement put forward by the Madison Forward Fund. The fund aims to aid families in the low-income group.
1. Child Requirements:
An applicant’s family should have children within the household. There should be at least one child in the household.
2. Residency Requirements:
An applicant should be a full-time resident of the city of Madison.
3. Income Requirements:
An applicant’s family should be having a total household income of or below 200 percent of the federal poverty line.
How Much Amount?
The payments are set to be issued on a monthly basis.
The program started to pay and assist the people in the October of 2022 with an amount of 500 US Dollars.
This is supposed to continue every month for one year since the debut of the program.
