Today, Wednesday, 21st February 2024, there’s important news about the Stimulus Check 2024 Update. In December 2023, people are discussing whether the IRS will issue a fourth round of stimulus checks. But according to the latest information, there will be no fourth stimulus check from the IRS.
During the COVID-19 pandemic, the IRS sent out three stimulus checks. These were based on people’s tax returns from the previous year. Now, the situation has changed, and the IRS has confirmed that there won’t be another round of stimulus checks in December 2023. However, some US states are offering rebates to their residents.
Summary of Stimulus Check 2024 Update Today
Aspect | Details |
---|---|
IRS Fourth Stimulus Check | No fourth stimulus check in December 2023. |
Previous Stimulus Checks | Three checks issued during the COVID-19 pandemic. |
Rebates by States | Offered by several states including Alabama, Virginia, and Arizona. |
Alabama Rebate | One-time rebate based on 2021 Tax Return; starts December 1, 2023. |
Virginia Rebate | Based on 2020 Tax Return; to be issued by November 30, 2023. |
Arizona Rebate | One-time rebate for residents with dependents; maximum of $750 per taxpayer. |
Rebate Nature | A return payment from the government, not a stimulus check. |
No Fourth Stimulus Check from IRS
There won’t be a fourth round of stimulus checks from the IRS. The three checks issued during the pandemic were to help people during tough times. But now, there’s no plan for more checks.
States Offering Rebates
Despite no new stimulus check, some states are offering rebates in December 2023. These include Alabama, Virginia, and Arizona. These rebates are different from the federal stimulus checks.
In Alabama, a one-time rebate will be given in December 2023. To be eligible, residents must have filed a 2021 Tax Return. The rebate amounts are $150 for singles and $300 for married couples filing jointly.
Virginia’s Rebate Details
Virginia will issue rebates based on the 2020 Tax Return. Eligible individuals can receive up to $200, and couples filing jointly can get up to $400. The deadline for these rebates is November 30, 2023.
Arizona offers a one-time Family Tax Rebate. The rebate is up to $250 per dependent under 17 and $100 for dependents over 17. The total rebate cannot exceed $750 per taxpayer.
It’s important to note that these rebates are not stimulus checks. They are return payments from the government. Each state has its own rules and amounts for these rebates.
Frequently Asked Questions
What is the Stimulus Check 2024 Update Today?
The IRS will not issue a fourth stimulus check in December 2023. However, some states are offering rebates.
Are rebates the same as stimulus checks?
No, rebates are return payments from the state government and are different from federal stimulus checks.
How can I get a rebate in Alabama?
Eligible Alabama residents will automatically receive a rebate if they filed a 2021 Tax Return.
What are the rebate amounts in Virginia?
In Virginia, eligible individuals can receive up to $200, and couples filing jointly can get up to $400.
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