As we move into February 2025, millions of Americans are gearing up to receive government stimulus and rebate payments. Although nearly five years have passed since the Covid-19 pandemic, many unclaimed benefits are still available.
These programs offer much-needed financial relief for low-income families. Here’s a closer look at these payments and how you can claim them.
Special Payments
More than 1 million U.S. residents can still collect $1,400 under the American Rescue Plan. Many missed out because they didn’t file their 2021 tax returns or didn’t know about the Recovery Rebate Credit.
The IRS has now authorized special payments for eligible individuals. The total amount available is $2.4 billion, with over 1 million payments issued in January alone. Even those with little or no income in 2021 may qualify for this stimulus. To claim it, you need to file your tax return by April 15, 2025.
Stimulus
New York residents could receive between $300 and $500 under Governor Kathy Hochul’s fiscal year 2026 budget plan. The program is aimed at providing relief to 8.6 million middle-class New Yorkers struggling with inflation.
This is the first state-level inflation relief payment under Hochul’s broader anti-inflation agenda. Since her administration began, New York has returned $5.5 billion to taxpayers through rebates and refunds. If the budget proposal is approved, payments will begin later this year.
Rebate Program
Colorado’s Property Tax, Rent, and Heat Rebate (PTC) program helps low-income residents manage rising rent, heating, and property tax expenses.
Those who filed their application by Tax Day 2024 received $800 to $1,600. However, residents who missed that deadline can still apply until December 31, 2025. Qualified individuals can get up to $1,112 annually.
To be eligible, your 2023 income must be less than $18,016 for single filers or $24,345 for joint filers.
| Colorado Rebate Program | Eligibility Details |
|---|---|
| Max income (single) | $18,016 |
| Max income (joint) | $24,345 |
| Max rebate | $1,112 per year |
| Application deadline | December 31, 2025 |
Monthly Checks
In Sacramento, the Family First Economic Support Pilot Program (FFESP) is offering $725 monthly checks to low-income Native American and African American families.
This program differs from traditional stimulus payments by providing consistent financial assistance instead of one-time payments. Families can use these funds to cover essential costs such as housing, childcare, and food.
The initiative aims to reduce economic disparities and support struggling families in Sacramento County.
Whether through IRS payments or state-level rebate programs, 2025 offers numerous financial relief opportunities. Make sure to check your eligibility and apply before the deadlines to take full advantage of these programs.
FAQs
How much is the IRS payment?
Eligible individuals can claim up to $1,400.
When is the IRS payment deadline?
Tax Day, April 15, 2025.
How much will New Yorkers receive?
New Yorkers could receive $300 to $500 checks.
Who qualifies for Colorado’s rebate?
Low-income residents who meet the income limits.
What is Sacramento’s monthly check amount?
The program offers $725 monthly checks.
