Does your state pay more in fed taxes than it gets back?

For the 2020 federal fiscal year, all 50 states came out ahead. That included New York, which got a return of $1.59 for every tax dollar sent to Washington, a dramatic increase from the 91 cents it received in 2019...

Every state – and particularly hard-hit New York – received large sums of COVID-era relief at the height of the pandemic, buoyed by programs like the Payroll Protection Program for businesses and nonprofits. States also received a boost in unemployment benefits for out-of-work Americans. The extra federal funds contributed to a projected $5 billion surplus in New York’s budget this year.

It was a period that saw Congress and then-President Donald J. Trump pass the CARES Act, a $2.2 trillion package that authorized $1,200 direct stimulus payments to most Americans. ...

While New York netted $7,236 per resident on a per-capita basis, 39 states fared better. New Mexico ranked best at $16,999; New Jersey ranked last at $4,454.

... While various COVID relief programs have continued into 2021 and 2022 – helping bolster the state government’s financial footing – they will ultimately run out and return New York to its status as a “donor state.”