In 11 days, the Michigan Department of Treasury will begin distributing payments worth an average of $550 to eligible taxpayers as part of an expansion to the state’s working families tax credit.

Roughly 700,000 households are set to get a check from the expanded tax credit on a rolling basis over a five-to-six-week period, beginning on Feb. 13, according to the state.

The amount residents will receive in their payment later this month varies but is set to be equal to the difference between the 6% working families tax credit included in an eligible resident’s 2022 tax refunds and the 30% value that the credit is worth under the new legislation approved last year.

The expanded tax credit is slated to give eligible residents an average of a $3,150 tax refund for 2022, per state officials. The increased 30% rate for the working families tax credit will be factored into tax refunds for 2023 and beyond.

“By quintupling the working families tax credit, we’re putting an average of $550 back in the pockets of 700,000 Michigan families ahead of schedule,” Gov. Gretchen Whitmer (D-MI) said in a statement about the expanded tax credit in December 2023.

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“This directly benefits half the children in Michigan, and moms and dads can use this extra money at tax time to pay the bills, put food on the table, and buy school supplies,” she added.

State officials say eligible Michiganders will receive the check automatically and do not need to fill out any additional paperwork. Additional information about the expanded tax credit can be found on the Michigan Department of Treasury website.