In September 2024, residents of New York, Northwest Georgia, and Montana will receive special triple payments. These payments are designed to support different needs such as child-related expenses, guaranteed income, and property tax relief. Here’s a detailed look at the payments, including eligibility criteria, deposit dates, and the claim process.
Breakdown of $700 + $1000 + $300 CRA Triple Payments
| Payment Type | Amount | Location | Purpose | Eligibility Criteria | Deposit Dates |
|---|---|---|---|---|---|
| Child Tax Credit | $300 | New York | Child-related expenses | – Must be a New York resident. – Must have children. – Must file a New York State income tax return using Form IT-201 by April 15, 2024. | Throughout September 2024 |
| Guaranteed Income | $1,000 | Northwest Georgia | Support for selected families | – Must reside in South Fulton, Georgia (zip code 30349). – Limited to 30 selected families. – Payments distributed monthly for one year. | Starting September 18, 2024, to October 1, 2024 |
| Property Tax Rebate | $750 | Montana | Property tax relief | – Must be a Montana resident. – Must have a property tax bill for primary residence paid during the tax year. – Must have lived in Montana for at least 7 months in 2023. | Throughout September 2024 |
$300 Child Tax Credit in New York
New York residents with children are eligible for a $300 payment through the Empire State Child Credit Program. This initiative aims to help low- and moderate-income families with child-related expenses.
Eligibility Criteria:
- Must be a New York resident.
- Must have children.
- Must file a New York State income tax return using Form IT-201 by April 15, 2024, or by any extended deadline.
$1,000 Guaranteed Income in Northwest Georgia
Rapper Gunna, partnering with the Black Music Action Coalition, is providing $1,000 to 30 families in Northwest Georgia as part of a year-long support program.
Eligibility Criteria:
- Must reside in South Fulton, Georgia (zip code 30349).
- Limited to 30 selected families.
- Payments are distributed monthly for one year.
$750 Property Tax Rebate in Montana
Montana residents will receive a $750 rebate to assist with property taxes. This rebate is aimed at reducing the financial burden of property ownership.
Eligibility Criteria:
- Must be a Montana resident.
- Must have a property tax bill for a primary residence paid during the tax year.
- Must have lived in Montana for at least 7 months in 2023.
Claim Process and Important Dates
- $1,000 Payments: Begin from September 18, 2024, and end on October 1, 2024.
- $300 CTC Payments: Distributed throughout September 2024.
- $750 Property Tax Rebates: Applied to property tax bills throughout September 2024.
Summary
The September 2024 triple payments provide financial relief through child tax credits, guaranteed income, and property tax rebates. Ensure you check eligibility and follow the claim process to benefit from these programs.
FAQ’s
What is the $300 Child Tax Credit in New York for September 2024?
The $300 Child Tax Credit is part of the Empire State Child Credit Program. It’s for low- and moderate-income New York residents with children. To qualify, you must file a New York State income tax return using Form IT-201 by April 15, 2024.
Who is eligible for the $1,000 guaranteed income in Northwest Georgia?
The $1,000 payment is available to 30 families in South Fulton, Georgia (zip code 30349). This program, funded by rapper Gunna and the Black Music Action Coalition, provides monthly payments for one year to selected families.
How can Montana residents claim the $750 property tax rebate?
Montana residents can claim the $750 property tax rebate if they have a property tax bill for their primary residence paid during the tax year. Eligibility requires living in Montana for at least 7 months in 2023 and being a Montana taxpayer.