Direct payments of up to $500 and child and dependent benefits of up to $130 are set to reach thousands of Americans

Another round of taxpayers is set to get hundreds of dollars in relief to deal with high prices. 

Several tax relief measures have been passed by the Massachusetts House.

Single filers and couples are eligible for direct payments of $250 and $500, respectively.

As a result, the child and dependent care credit would increase from $180 to $310.

A framework for the package has been agreed to by leaders of the state Senate and House.

Despite severe inflation and economic uncertainty in the Commonwealth, 

The House passed an economic development package today, said House Speaker Ron Mariano.

According to him, "that will provide much-needed relief to Massachusetts taxpayers."

In order to qualify for a $500 tax rebate, you must have made $38,000 or more in 2021.

Who is eligible?

A single person must have an income of $100,000 and a couple must have an income of $150,000 to qualify.

It is expected that the payments will be made before September 30 if the legislation passes.

700,000 families will benefit from the $130 increase in child and dependent care credits.

A cap on the number of dependents would also be removed.

Massachusetts' current law limits the credit to $360 regardless of how many dependents are claimed.

Swipe Up to Read More Stories

Swipe Up