200,000 NJ Rebate Checks Worth $500 Already Sent, More to Come
The checks are in the mail! New Jersey officials from the state department of treasury have already mailed out over 200,000 New Jersey rebate checks and hundreds of thousands of more checks will be sent out shortly.
Close to 800,000 households in the Garden State will be eligible for the rebate check up to $500 according to NJ.com.
Married parents filing a joint tax return or who identify as head of the household or a surviving spouse would be eligible for the $500 summer rebate. In order to be eligible parents must have at least one dependent child and earn a maximum of $150,000. Individuals with income below $75,000 and have at least one dependent child will also be eligible for the rebate check.
You must be a full-time resident of the Graden State for part of or all of 2020 and you must have submitted a 2020 NJ 1040. The $500 rebate checks for residents of New Jersey will be based on your 2020 gross.
The rebate checks are part of the $319 million package approved by state officials last fall according to the website Patch.com. Governor Murphy and state officials reached an agreement on property tax measures and middle-class tax relief. It's all part of the finalized and signed 2022 Budget.