As we enter February 2025, many Americans are preparing to receive new stimulus payments. While the COVID-19 pandemic may feel like a distant memory, the IRS is still working to distribute unclaimed relief funds. Additionally, several states have introduced their own stimulus programs to help residents cope with financial difficulties.
If you’re wondering whether you qualify for a payment, here’s a breakdown of the latest stimulus programs and eligibility requirements.
IRS Special Payments
The IRS is offering “special payments” of up to $1,400 to individuals who never claimed the 2021 Recovery Rebate Credit. These payments are part of the American Rescue Plan, and over 1 million people could receive them in January alone.
To qualify:
- You must not have claimed the 2021 Recovery Rebate Credit.
- You must file a tax return for 2021 if you haven’t already.
- Even those with little or no income may be eligible.
The deadline to claim this payment is April 15, 2025, so those who haven’t received it should act quickly.
New York Stimulus Checks
Residents of New York could receive stimulus payments ranging from $300 to $500. Governor Kathy Hochul has included these payments in the 2026 fiscal year budget proposal, making this the state’s first inflation relief rebate.
This is part of a larger program that has already returned $5.5 billion to taxpayers in the form of rebates and refunds. Payments could start later this year, providing much-needed relief to middle-class New Yorkers.
Colorado Rebate Program
Colorado is distributing stimulus checks through its Property Tax, Rent, and Heat Rebate (PTC) Program. This initiative helps low-income residents manage rent, heating, and property tax expenses.
For those who applied before Tax Day 2024, payments ranged from $800 to $1,600 for joint filers. However, those who missed the deadline can still apply until December 31, 2025.
Eligibility includes:
- Single filers earning less than $18,016 in 2023.
- Joint filers earning up to $24,345.
- Annual rebate payments of up to $1,112 for qualified individuals.
Sacramento’s Monthly Stimulus Program
Sacramento County, California, has launched a new initiative to provide $725 per month to struggling families through the Family First Economic Support Pilot Program (FFESP).
This program is specifically designed to assist low-income Native American and African American families in the area. Unlike one-time stimulus payments, this initiative provides ongoing support to help with essential expenses such as:
- Housing
- Childcare
- Food and groceries
By offering consistent financial aid, Sacramento aims to reduce economic disparities and combat poverty in the community.
While federal stimulus payments are winding down, several states are stepping in to provide financial relief in 2025. Whether it’s through IRS rebates, inflation relief checks, or targeted assistance programs, millions of Americans can still receive much-needed support.
If you believe you qualify for any of these programs, be sure to check deadlines and eligibility requirements so you don’t miss out on these payments.
FAQs
Who qualifies for the $1,400 IRS payment?
Anyone who didn’t claim the 2021 Recovery Rebate Credit can apply.
When is the deadline to claim IRS special payments?
The deadline is April 15, 2025, on Tax Day.
How much will New Yorkers receive in stimulus checks?
Eligible residents could receive between $300 and $500.
Who qualifies for Colorado’s rebate program?
Individuals earning under $18,016 and joint filers under $24,345.
What is Sacramento’s monthly stimulus program?
It provides $725 per month to low-income Native American and African American families.
