Deadline for millions of Americans to claim up to $1,500 direct payments is in ONE week – what you need to do now

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Millions of taxpayers have only one week left to take action to receive up to $1,500 in direct payments.

Colorado Governor Jared Polis reminded Residents there have until June 30 to file their state taxes so that they can get their refunds on time.

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Colorado residents who file before June 30 will receive $500 or more of $1,000credit: getty

come as payment Tax exemption as a way to help neutralize the effects of inflation,

“Everyone in our state is feeling the impact of rising costs, and I forbid the government to sit on taxpayer money when it can be used to make life a little easier for the people of our state. ,” said Mr. Polis.

The deadline to claim was originally May 31 but was extended by the state legislator.

But most importantly, now residents will get paid more.

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when it was first announcedThe check was considered $500 for individual taxpayers and $1,000 for joint filers.

how to claim

Now the exemption program will provide a $750 check to single filers, while joint filers can receive up to $1,500.

And Mr. Polis announced this week that eligible Colordoans will begin receiving their refunds at the end of August

To then receive a refund, residents of the full year must file a Colorado personal income tax return for either the 2021 tax year.

You must also be at least 18 years old as on December 31, 2021.

Additionally, residents can also apply for the 2021 Property Tax/Rent/Heat Rebate Credit (PTC) by June 30.

Taxpayers who do not file returns by June 30 can still file an extension, but must do so before October 17.

Those filing the extension can expect to receive their refund in January.

Residents can still claim the exemption even if they do not have taxable income.

According to the state, around 90% of taxpayers file on time by April 15.

While the remaining 10 per cent is likely to be filed by October 15.

Those who have applied by April 15 need not take any additional action and will receive their refund at the end of this summer.

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The Sun explains how more than two million Americans can get up $1,500 payment in a new program.

Plus, millions of Americans are in line. $350 Inflation Check If the proposal gets the green signal.



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