Stimulus update: Michigan sending rebate checks averaging $550 to families in 11 days

In 11 days, the Michigan Department of Treasury will begin distributing payments worth an average of $550 to eligible taxpayers as part of an expansion to the state’s working families tax credit.

Roughly 700,000 households are set to get a check from the expanded tax credit on a rolling basis over a five-to-six-week period, beginning on Feb. 13, according to the state.

The amount residents will receive in their payment later this month varies but is set to be equal to the difference between the 6% working families tax credit included in an eligible resident’s 2022 tax refunds and the 30% value that the credit is worth under the new legislation approved last year.

The expanded tax credit is slated to give eligible residents an average of a $3,150 tax refund for 2022, per state officials. The increased 30% rate for the working families tax
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