Over 8M New Yorkers to Receive First-ever Inflation Refund Cheques of up to $400 Starting Sept. End

Eligible qualifying surviving spouses will also receive refund cheques of up to $400. (Credit: Pixabay/Pexels)

The New York Department of Taxation and Finance recently announced that it will start mailing inflation refund cheques to over 8 million New Yorkers at the end of September. The department expects to complete the disbursement of this one-time payment over multiple weeks. The refunds range from $150 (£111) to $400 (£296) and depend on your tax filing status.

You could receive your cheque 'sooner or later than your neighbours,' as the payments are not based on zip codes or regions, according to the agency.