Here's When To Expect NY's 'Inflation Refund' Checks

NEW YORK CITY — Expect to get a check of up to $400 from the government starting in October, New York Gov. Kathy Hochul said Wednesday.

Why, you ask? New York State is mailing out "inflation refund" checks to New Yorkers, as part of the $254 billion state budget lawmakers passed on May 9.

The inflation refunds will be in the form of a check, mailed directly to your house, if you're one of the 8.2 million eligible tax filers in New York, officials say.

The one-time checks will be sent out starting in October, continuing through the end of November, Hochul said.

The checks will be up to $400, depending on eligibility, and cost the state $2 billion, officials said.

“Starting in October, over 8 million New Yorkers will get an inflation refund because it's simple — this is your money and we're putting it back in your pockets,” Hochul said.

Who is eligible?

People who were New York residents and filed a state income tax return in 2023 are eligible, depending on how much they made that year. People who were claimed as dependents for that year aren't eligible, officials said.

Note: You probably filed your 2023 taxes in April 2024, so to find out if you're eligible, check your documents for that tax season.

How much will the checks be?

It depends on how much you made and whether you filed as an individual or with a partner.

Individuals who made a state-adjusted gross income of $75,000 or less would be eligible for a $200 check, and individuals with a state-adjusted gross income of up to $150,000 would be eligible for a $150 check.

Joint filers with a state-adjusted gross income of $150,000 or less will get $400, and joint filers with a state-adjusted gross income of between $150,000 and $300,000 would be eligible for $300.

To find how much your state-adjusted gross income is, look for line 33 on your main Resident Income Tax Return.

What will you spend it on? Let Patch know: email Miranda.Levingston@Patch.com.