4th stimulus check update 2024 Select Americans to get $1,694 tax refund payment in new windfall

More on P-EBT cards

Qualifying families in New York can receive payments of at least $391 to help pay for school lunches.

For those who did not receive their money before, backdated benefits will continue to be sent out to families through the end of December.

Some of the funds have remained unused due to language barriers. Other families claimed that they never received their P-EBT cards.

What to know about P-EBT cards

The Pandemic Electronic Transfer, or the P-EBT, was created in New York to help families pay for school lunches.

Several installments have been issued since 2020 to help parents cover the cost of meals that would normally be provided for free at school.

There was $35 million allocated for the program, however, a significant portion remains unused.

The benefits will expire in December so families that didn’t receive their cards should check their status on the program’s website or call the hotline for help at 1-833-452-0096.

PTC in Colorado

In Colorado, the Property Tax/Rent/Heat (PTC) rebate will be supporting people with disabilities alongside older adults as they pay property taxes, rent, and heating bills.

The total amount available is up to $1,044, and if you apply in 2023, you’ll earn up to a $1,000 refundable tax credit.

The state anticipates the program to provide more than $7 million in relief to Coloradans in 2023 alone.

To qualify, you must be a full-year Colorado resident meeting a certain set of criteria.

Either you must be 65 years of age or older, have a surviving spouse 58 years of age or older, or have a disability.

For single filers, income is capped at $16,925 while those married filing jointly can make up to $22,858 to qualify.

Tax agent urges residents to check for rebates

Karla Dennis, an enrolled tax agent who’s licensed in all 50 states, urges residents to find out if their state is offering rebates.

Dennis recommends individuals do an online search with their state.

“I would type in tax stimulus in my state,” she said.

For example, “tax stimulus, California rebate [or] New York, I would definitely Google search it like that.”

Dennis added it’s also worth checking your state’s Department of Revenue website to see if anything is being offered.

Homebuyer grants to apply for, part three

To find out the best program for you, go to Bankrate.com and answer a 13-question quiz.

The quiz will ask if you’re interested in a home purchase or a home refinance and what property you’re interested in buying.

How the property will be used and whether it’s a first-time property buy will both be asked as well.

Then, you’ll have to indicate where you are in the home-buying process, whether you want to connect with another real estate agent, and the estimated purchase price of the property.

After entering your estimated credit score, veteran status, employment status, and gross annual income, you will get to see the best options in your area.

Homebuyer grants to apply for, part two

The Chase Homebuyer Grant can provide grants of up to $5,000 that will go toward fees associated with the mortgage or down payment costs.

It’s available to those seeking a loan through the bank or a conventional FHA or VA mortgage.

Other programs include the HomePath Ready Buyer program which is sponsored by the nonprofit National Homebuyers Fund.

The nonprofit sponsors down payment and closing costs grants that can add up to five percent of the total home price for those who complete a training program.

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