Will You Get a Stimulus Check in May? Here’s What You Need to Know!
If you re trying to figure out whether you ll be getting any kind of stimulus check or regime payment this May you re definitely not alone With prices still up budgets tight and a whole lot of chatter online it s easy to feel confused about what s real and what s not So let s clear it all up what s certainly happening with stimulus payments this month who s getting paid and what programs are just talk for now Live in New York You Might Be Getting a Relief Check New York is stepping in to help residents deal with inflation If you live in the state and your income falls within certain limits you could be getting a one-time payment this month no strings attached Here s how it breaks down If you re single and make under you could get Make between and That drops to Married couples under could get Couples making up to might see The best part You don t need to apply If you re eligible the money should come automatically based on your the greater part fresh tax return SSI Recipients Will See Two Payments in May But Don t Get Too Excited If you re on Supplemental Guard Income SSI you ll notice something strange this month two payments But before you get your hopes up it s not a bonus It s just a timing thing Here s what s going on The regular May payment comes on May Your June payment comes early on May because June falls on a weekend So yes you ll see two deposits this month but there won t be one in June It s the same money just arriving early The maximum monthly SSI payment is for individuals and for couples in but keep in mind that countless people get less depending on their situation Didn t Get That Stimulus Back in You Can Still Claim It If you missed out on the third federal stimulus check during the pandemic yes the one from you still have a shot at getting it But you ll need to act fast You can claim it as the Recovery Rebate Credit by filing or amending your tax return Deadline May After that it s too late Not sure if you ever got it You can check your IRS records online If you didn t and you were eligible that s you don t want to leave sitting on the table What s Just Rumor For Now There s a lot of buzz going around about big new stimulus payments chosen real particular not Here s what s being talked about but hasn t literally happened yet Talk of DOGE Checks No this isn t about cryptocurrency There s a proposal for stimulus checks tied to reducing establishment waste through a new agency called the Department of Regime Efficiency DOGE Sounds great but so far it s just a pitch Nothing s been approved or funded Monthly Payments for Low-Income Families There s another plan floating around that would give low-income households a month for up to a year The proposed start date is May but as of early May the official details haven t been disclosed It s still in the works Beware the Viral Rumors You ve ostensibly seen headlines or social posts claiming that new or checks are coming At this point there s no official word from the IRS or any state agency confirming those amounts If it sounds too good to be true it apparently is at least for now Quick Snapshot What s Authentically Real in May Venture Amount Who Gets It Status NY Inflation Relief Up to New Yorkers earning under K Proven SSI Payments May Up to SSI recipients Endorsed Recovery Rebate Credit Folks who missed stimulus Still available DOGE Stimulus Still being debated Not passed yet Monthly Payment Plan month Low-income families TBD Pending If you re eligible for any of the verified payments the money should come without you having to do much But if you never got that stimulus and still qualify now s the time to file Don t wait it s a deadline you don t want to miss And for the proposals still being discussed Keep your eyes on the news but don t count on it until the details are official