Stimulus update: Direct $450 payment for Maine residents to be issued within 29 days

0 Comments
[ad_1]
Economy
Dollar bills are deposited in a tip box, Sept. 9, 2020 in New York. (WHD Photo/Mark Lennihan) Mark Lennihan/WHD

Stimulus update: Direct $450 payment for Maine residents to be issued within 29 days

Asher Notheis
March 02, 01:51 PM March 02, 01:51 PM
Video Embed

A payment set to be issued by the end of the month will likely be the main attraction for residents of the Pine Tree State for the month of March.

The money from the Winter Energy Relief Payments, which received approval in January, will give all recipients who filed their 2021 taxes last year a payment of $450, all of which will be issued by March 31. These payments are part of a larger Emergency Winter Energy Relief Plan proposed by Gov. Janet Mills (D-ME) and approved by the state legislature as an emergency measure, and they will be given to around 880,000 eligible Maine residents, according to the governor's office.

JOBS, EDUCATION PLAN TO INVEST $15M AROUND THE STATE

“High energy prices have made staying warm more difficult for Maine families this winter," read a statement from Mills. "That’s why I proposed — and was pleased to sign — an emergency relief measure that quickly puts money back into the hands of Maine people."

Those who are eligible for this payment include anyone who filed a Maine income tax return as a full-year state resident for the 2021 tax year by Oct. 31 of last year. Moreover, filers must have reported a federal adjusted income for the 2021 tax year of less than $200,000 for those filing a married joint return, $150,000 for a person filing as a head of household, or $100,000 for a single person.

If two people filed a joint 2021 Maine individual income tax return and their combined federal adjusted income was less than $200,000, each person will receive the $450 payment.

Additional information regarding this payment can be found by visiting the governor's office.

© 2023 Washington Examiner

[ad_2] Stimulus update: Direct $450 payment for Maine residents to be issued within 29 days


You may also like

No comments: