New York State is set to issue checks to more than 8 million residents to offset the increased sales tax they’ve paid thanks to inflation.
The one-time payments, billed as “inflation refund” checks, range from $150 to $400, depending on your filing status and your adjusted gross income for the 2023 tax year.
To qualify, you must have filed a 2023 residential state tax return in New York, earned less than $150,000 (or $300,000 for married couples filing jointly), and not be claimed as a dependent on another taxpayer’s return.
| Tax status in 2023 | Refund (based on 2023 income) |
|---|---|
| Single or married filing separately | $200 per person for those who earned $75,000 or less OR $150 per person for those who earned $75,000 to $150,000 |
| Married filing… |