New York State will issue its first-ever inflation refund checks, amounting up to $400, to approximately 8.2 million eligible households this fall. The initiative, announced by Governor Kathy Hochul, targets residents who have filed their 2023 income tax returns. Joint filers earning under $150,000 will receive $400, while single filers earning below $75,000 will receive $200. This measure, part of the FY 2026 State Budget, aims to alleviate the financial burden of inflation on New Yorkers, particularly benefiting those in lower income brackets.
Inflation refund checks worth up to $400 will be sent during October and November to 8.2 million eligible households across New York state.
Joint tax filers with income up to $150,000 will receive a $400 check, while those with income over $150,000 but no greater than $300,000 will receive a $300 check.
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