1. Who is eligible to receive a tax rebate?
Married couples in New Jersey with income below $150,000 and at least one dependent child would qualify for a rebate check. Individuals with less than $75,000 in income and at least one dependent child qualify.

2. Eligibility for the federal stimulus payments was based on adjusted gross income. Will these rebates be, too?
The benefit is based on 2020 gross income, which is your income before taxes and deductions.

3. Are non-residents eligible?
No. Only New Jersey residents would be eligible for the rebate.

4. How many households will qualify?
The administration estimated 764,000 New Jersey households will qualify for a rebate.

5. How much money will you receive?
The maximum rebate is $500.

Unlike the federal stimulus payments, there is no sliding scale based on income here. However, it is a non-refundable tax rebate, which means your state income tax liability has to be at least $500 to receive the full $500 rebate. If your state income tax liability is only $300, you will receive a $300 rebate. If it is $100, you’ll receive a $100 rebate.

“The rebate is the lesser of $500 or an amount equal to the amount of tax after credits on the 2020 gross income tax return,” the Treasury Department said.

The more than 716,000 eligible couples filing jointly would receive an average of $425, while the nearly 48,000 single filers would receive an average of $297, according to the Department of Treasury.

6. What if you have more than one dependent child?
Also unlike the federal stimulus payments, this rebate does not take into account how many dependent children you have.

7. When do the checks go out?
The Treasury Department could begin to issue rebates in July, a spokeswoman said.

8. Will this rebate come as a paper check? Or a direct deposit?
The form of the payment is still being worked out, according to the Department of Treasury.

9. Can the rebate be garnished for back taxes or child support?
It will be subject to the Set-Off of Individual Liability, which withholds tax refunds or benefits from anyone who owes federal taxes, child support, traffic fines, or other debts, the Treasury Department said.

10. How much does the rebate program cost?
Treasury officials put the rebates’ price tag at $319 million. Murphy included funding for the program in his proposed budget but the Legislature has to sign off.