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34°
Saturday, nov 30
Tag:
state’s earned income credit
Business
Around 2 Million NYers To Get Nearly $500M In Tax Relief Checks: Here's Who Qualifies
New Yorkers may want to keep an eye on their mailbox in the coming weeks as the state has begun sending out tax relief checks to some families in an effort to alleviate rising costs of living. The New York Department of Taxation and Finance announced that it started sending out $475 million worth of checks to 1.8 million residents who received at least $100 in Empire State child credits or the state’s earned income credit on their 2021 state tax return. Payments will average $270 per eligible recipient. Checks are being mailed automatically and recipients don’t need to do anything in orde…