Yes. You read that right. Inflation Refund Checks.
The 2025–2026 New York State budget is providing for the state’s first-ever inflation refund checks. These one-time payments are intended to provide relief to New Yorkers who have paid increased sales taxes due to inflation. If you qualify for a payment, you do not need to do anything; the NY Department of Taxation and Finance will automatically send you a check. Checks will be mailed over a period of several weeks starting at the end of September 2025.
Checks will be anywhere between $150 - $400 depending on your 2023 filing status and NY Adjusted Gross Income. For more information and to see if you qualify, CLICK HERE