$400 May Stimulus Payment: New York Governor Kathy Hochul announced that this fall, millions of families in the state will get money back to help with rising costs. About 8.2 million households will receive inflation rebate checks, which can be as much as $400. This plan is part of the new 2026 State Budget, showing the governor’s promise to support New Yorkers during tough times.
The budget also includes important steps to make life easier for middle-class families. It lowers middle-class taxes to their lowest point in 70 years, making it cheaper to live and work in New York. The state also expanded the Child Tax Credit, allowing families to get up to $1,000 for each child. Plus, free school meals will now be available to all students, which helps families save money on food.
Why You’re Getting Three Social Security Payments in May? And Why It’s Not Extra Money
NEW: This fall, more than eight million New Yorkers will get Inflation Refund checks. No forms to fill out, no hoops to jump through – just money back in their pockets.
In New York, we don’t just talk about helping families. We get it done.
Learn more: https://t.co/Au8hw7ZYcN pic.twitter.com/TXNGyirnYy
— Governor Kathy Hochul (@GovKathyHochul) May 14, 2025
Who receives the inflation relief check?
Only residents of the state of New York will be eligible for this program. However, administrative procedures must be followed to be eligible. Here are the conditions:
- Have filed Form IT-201, Resident Income Tax Return
- Have declared their income within the qualifying thresholds
- Not claimed as dependents on another taxpayer’s return
Under these statutes, New York taxpayers will receive their respective checks. According to Governor Hochul: “They will receive an inflation refund because it is simple: this is their money and we are giving it back to them. I will help families cope with the rising cost of living.”
May 2025 Social Security Fairness Act Increase: Are You One of the Retirees Getting Extra Cash?
How much will the inflation rebate check be in New York?
🚨JUST IN🚨
NY Governor Kathy Hochul says she is sending an inflation refund check for up to $400 to 8.2 million New Yorkers.
The Governor’s office says checks will be mailed directly to eligible New Yorkers starting in October. pic.twitter.com/JLJs5oNpFB
— Breanna Morello (@BreannaMorello) May 14, 2025
People who qualify for the rebate should expect their checks between August and October. These payments will arrive in the mail, but there won’t be any warnings or notices before the check comes. Also, the money might not come in any specific order, so some people might get their checks earlier or later than their neighbors. It’s important to watch the mailbox during these months to make sure you don’t miss your payment.
There will be different amounts in the refunds, where the income table will determine the amount set in the following order:
- Joint filers (married couples) with incomes up to $150,000 per year – Check for $400
- Joint filers (married couples) with incomes from $150,000 to $300,000 per year – Check for $300
- Single filers with incomes up to $75,000 – Check for $200
- Single filers with incomes over $75,000 up to $150,000 -Check for $150