There are no new updates about stimulus checks for Kentucky residents in 2024. However, if you’re facing financial hardship, you can explore other options.

You may qualify for federal and state tax credits, which can lower your taxable income. You can also get help through federal programs like unemployment benefits, SNAP, and rental assistance from the HUD.

Is There a Stimulus Check in 2024 for Kentucky?

There are no new stimulus checks in 2024 for Kentucky residents. The Economic Impact Payments issued by the IRS during the coronavirus pandemic have ceased, and President Biden has no plans to issue any more payments through the CARES Act or the American Rescue Plan.

The deadline for filing taxes and claiming your Recovery Rebate Credit is May 17, 2024. If you were eligible for the payments but didn’t receive them, you may still be able to get the credit.

Kentucky Stimulus Check 2024

Kentucky doesn’t have any tax rebates or state-level Earned Income Tax Credit (EITC) or Child Tax Credit (CTC). However, eligible taxpayers can still claim the Child and Dependent Care Tax Credit (CDCTC).

The Kentucky House of Representatives passed House Joint Resolution 39 last year (2023), which requires the Health and Family Services Cabinet to implement an EITC outreach and education program. The bill is currently in the Senate.

How do Kentucky Stimulus Checks Work?

Tax credits, unlike tax deductions, can directly reduce the amount of taxes you owe, dollar-for-dollar, so you may get a larger tax refund.

These refunds aren’t stimulus programs, but those with low and moderate incomes can get some relief through these checks. State governments use refundable tax credits to put money back in the pockets of eligible taxpayers.

Who Is Eligible for Kentucky’s Stimulus Checks?

Kentucky’s Child and Dependent Care Tax Credit is non-refundable. You may be able to claim this credit if you’re paying someone else to take care of your dependents or children while you work.

You must qualify for and claim the federal CDCTC to claim the state CDCTC. Some of the eligibility requirements to qualify include:

  • You and your spouse must have earned income.
  • Married couples must file a joint tax return.
  • You must have paid someone for the care so you could work or study full-time.
  • The child must be under the age of 13.
  • You must be caring for a dependent who is unable to care for themselves.
  • The dependent must have lived in your home for at least half of the tax year.

How Much Do You Receive and When

Kentucky’s Child and Dependent Care Tax Credit is 20% of the federal CDCTC. You can get up to $210 for one child and $420 for two children and more.

Since this is a non-refundable tax credit, you won’t receive a direct payment from the state government. However, the credit will be reflected in your tax returns once you file them.

How To Track the Status of Your Kentucky Stimulus Checks

Even if you qualify for and claim the state Child and Dependent Care Tax Credit, you won’t receive a stimulus check. Instead, the credit will reduce your tax bill, and you may get a larger tax refund.

The Kentucky Department of Revenue may take 4-6 weeks to issue refunds for e-filed tax returns and 10-14 weeks for paper returns. You can use the Where’s My Refund tool to check the status of your refund payment. Depending on how you filed your taxes and got a refund in the past, you may get your tax refund as a direct deposit in your bank account or paper check.

How To Apply for Kentucky’s Stimulus Checks

You can claim the state CDCTC by filing your state personal income tax returns. You don’t need to submit a separate application to claim this credit. There are a number of ways to file your federal and state tax returns.

You can either file them on your own using tax preparation software or get help from a tax professional. Qualifying low-income or moderate-income tax filers can also take advantage of free tax filing programs offered by the Internal Revenue Service (IRS), such as TCE, VITA, and Free File.

Get Financial Help in Kentucky

There are no new stimulus checks in 2024 for Kentucky residents. While you may come across many social media posts with updates about the fourth stimulus checks, this information is incorrect because the federal government hasn’t approved any new stimulus payments since the last one was issued in March 2021.

If you need financial assistance in Kentucky, we recommend using the Benefit Finder tool. You can answer a series of questions online to find benefits for which you may qualify.