Stimulus update: Michigan sending rebate checks averaging $550 to families in 13 days

In 13 days, officials in Michigan are set to issue payments worth an average of $550 to eligible residents as part of an expansion of the state’s working families tax credit.

Roughly 700,000 households will receive a check from the expanded tax credit beginning on Feb. 13, according to the Michigan Department of Treasury. The direct payments are slated to go out to eligible taxpayers on a rolling basis over a five- to six-week period.

The state says the payments being sent to Michiganders will be equal to the difference between the 6% working families tax credit from a resident’s 2022 tax refunds and the 30% that the credit is worth under the new legislation signed into law last year.

The new expanded tax credit is expected to give eligible residents an average of a $3,150 tax refund for tax year 2022. The increased 30%
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