Governor Kathy Hochul announced today that New York State’s first-ever inflation refund checks, up to $400, are now being sent to 8.2 million households statewide. The initiative, secured by the Governor as part of her commitment to ease financial burdens, is designed to return excess sales tax revenue—driven up by inflation—directly to residents.
The payments began mailing today and will continue throughout October and November. There is no need for eligible New Yorkers to apply or sign up; the checks will be mailed automatically. Governor Hochul stressed, “Starting today, we’re sending inflation refund checks to over 8 million New Yorkers because it’s simple—this is your money, and we’re putting it back in your pockets.”
Eligibility for the refund is based on the 2023 tax year filing status and income. Joint tax filers with income up to $150,000 will receive the maximum check of $400, while those earning up to $300,000 will receive $300. Single filers are eligible for a $200 check if their income is up to $75,000, and a $150 check if their income is up to $150,000…