Summary
New York State has sent more than 8.2 million inflation refund checks to its residents as part of an initiative led by Governor Kathy Hochul. The program, funded with $2.2 billion from the state's budget, aims to help people manage rising costs. Checks, which vary based on income, have been mostly distributed before Thanksgiving, with more to follow for eligible taxpayers.
Key Facts
- New York State mailed over 8.2 million inflation refund checks to residents.
- Governor Kathy Hochul initiated this program as part of the 2026 State Budget.
- The program allocated $2.2 billion to help residents with rising costs.
- Checks can be up to $400, depending on income and filing status.
- Eligibility is based on 2023 state tax returns; non-dependents qualify.
- Joint filers earning up to $150,000 receive the largest checks of $400.
- NYC residents received the most checks, totaling $828.8 million.
- Smaller batches of checks will continue to be sent as eligibility is confirmed.
