States Sending Residents Checks for Inflation and Oil Royalties

State governments are sending several kinds of payments in 2025, but the rules differ sharply.

State payments in 2025 range from Alaska’s annual $1,000 dividend to targeted tax and property tax relief. Eligibility depends on where you live, income, filing history and, in some cases, whether you owed tax.

State payments in 2025: amounts and key rules

These programs do not all work the same way. Some distribute surplus revenue, while others return sales tax revenue or help with property taxes. Colorado’s next refund is projected for 2026, although the state issued a separate, larger refund in 2025.

State and programAmount or timingMain eligibility test
Alaska Permanent Fund$1,000 in 2025Alaska residency in the previous year and intent to remain indefinitely
Colorado TABOR refundProjected for 2026: up to $62 for single filers and $124 for joint filersAmount varies by income; no annual payment is guaranteed
Georgia surplus refundIn 2025: up to $250 for single filers and $500 for joint filersTimely 2023 and 2024 returns, plus eligible 2023 income tax liability
New York inflation refundStarting in fall 2025: $150 to $200 for single filers and $300 to $400 for joint filersBased on 2023 adjusted gross income and residency; dependents are excluded
New Jersey ANCHORPayments began Sept. 15, 2025; up to $1,750 for homeowners and $700 for rentersIncome, age, homeownership or rental status, and residency on Oct. 1, 2024
Virginia rebateOctober 2025: up to $200 for single filers and $400 for joint filersTax liability in 2024

The figures are maximums where an income or tax liability test applies. A listed maximum does not mean every eligible resident will receive that amount. Check the state’s official program information before budgeting for a payment.

Alaska’s annual dividend and New Jersey property relief

Alaska’s Permanent Fund has paid dividends from mineral royalty revenue since it was established in 1976, after oil was found on the state’s northern coast. The 2025 dividend is $1,000, but future amounts can change. There is no minimum age, so eligible children may receive a payment as well.

To qualify for the Alaska dividend, a person must have lived in the state during the previous year and plan to remain an Alaska resident indefinitely. Review the state’s application and residency rules directly, especially if a household member has recently moved or has a complicated residency history.

New Jersey’s Affordable New Jersey Communities for Homeowners and Renters program, known as ANCHOR, bases relief on 2024 income, age and whether the applicant owns or rents. The state began issuing payments on Sept. 15, 2025. Some eligible taxpayers were automatically enrolled, but automatic filing does not apply to everyone.

A New Jersey homeowner reviews mail and property tax papers at a kitchen table.

For homeowners age 65 or older, the maximum is $1,750 when income is $150,000 or less, and $1,250 when income is more than $150,000 but no more than $250,000. Homeowners age 64 or younger can receive up to $1,500 at income of $150,000 or less, or up to $1,000 when income is more than $150,000 but no more than $250,000.

Renters age 65 or older may receive up to $700, while renters age 64 or younger may receive up to $450. Applicants must have been New Jersey residents on Oct. 1, 2024, and the home must have been subject to property taxes. The income ceiling is $250,000 for homeowners and $150,000 for renters. The application deadline is Oct. 31, 2025. The state says direct deposits can take up to 90 days. Residents can check payment status online with a Social Security number and ZIP code.

Georgia and Virginia refunds depend on past tax bills

Georgia’s 2025 surplus refund is tied to income tax owed for tax year 2023. A resident who owed no income tax for that year does not qualify. The maximum is $250 for a single filer and $500 for a married couple filing jointly. Georgia has also issued surplus refunds for tax years 2020 and 2021.

Applicants must be Georgia residents and must have filed their 2023 and 2024 returns on time. There are other limits. For example, a person claimed as a dependent on someone else’s 2023 return who had no income that year is not eligible. The amount is capped by the program rules, so taxpayers should confirm their own status with the state rather than assume the full maximum will arrive.

Virginia is issuing rebates in October 2025 after a revenue surplus. The maximum is $200 for single filers and $400 for joint filers. To qualify, a taxpayer must have had tax liability in 2024. Tax liability means the tax owed after credits and deductions are applied, not simply the amount withheld from paychecks.

Virginia may also use a rebate to pay certain debts owed to government agencies or institutions. If that happens, the debt is deducted first and only the remaining rebate is sent to the taxpayer. Residents who expect a payment should account for that possible reduction.

New York checks and Colorado’s later refund

New York State announced its first inflation refund checks in May 2025, with payments expected to start in the fall. Higher prices increased the state’s sales tax collections, and the checks return part of that revenue to residents. The payment is $150 to $200 for single filers and $300 to $400 for married couples filing jointly.

Eligibility depends on 2023 adjusted gross income and New York residency. Anyone claimed as a dependent on another person’s tax return is excluded. The source information does not specify the income cutoffs, so taxpayers should use the state’s official eligibility details rather than rely on the payment range alone.

Colorado’s TABOR rules require the state to refund revenue above a threshold. Voters approved the Taxpayer’s Bill of Rights amendment in 1992. The threshold is based on revenue from the previous fiscal year and is adjusted for factors including inflation and population growth, so the amount available can vary.

For the refund projected in 2026, single filers with adjusted gross income of $329,001 or more could receive up to $62; joint filers at that income level could receive up to $124. People with lower incomes are projected to receive smaller amounts, and a refund is not guaranteed every year. The 2025 payments covered tax year 2024 and were larger: up to $565 for single filers and $1,130 for joint filers with adjusted gross income of at least $329,001.

Before counting on a payment, check the relevant state website for current eligibility, filing requirements and payment status. Keep the applicable tax return and residency information nearby, since several programs use details from a specific prior year.