Up to $500 in tax rebates: Who is eligible?

Officials in Virginia have confirmed that more than three million taxpayers are set to receive a rebate of up to 250 dollars within weeks.

Those eligible, said to be around 3.2 million people, must have had a tax liability in order to qualify for the payment, which will be sent out starting September 19.

This means that Virginians who owed state income tax in 2021 can get some of that money back, with the exemption of credits. Credits include taxes paid to other states, deductions or subtractions.

Individuals can receive up to 250 dollars, while those that submit a joint tax return will pocket up to 500 dollars.

Payments will be sent out starting September 19 in batches of 250,000 as per WWBT. In order to claim the payment, Virginians must file their tax return by November 1, while those that filed their taxes by July 1 will receive their rebate by October 31.

It’s expected that 1.9 million cheques will be mailed out to those eligible, with a further 1.3 million issued via direct deposit.

Payments also being sent out in other states

Hawaii have also been sending out payments, with thousands of taxpayers receiving up to 300 dollars. Cheques were sent out on September 6, 9 and 12.

Those that filed their tax returns by July 31, along with their direct deposit information, will receive their rebate by September 21.

Those waiting for a paper cheque will have to wait a bit longer, as they will be sent out in batches of 2,000, with all of them expected to be sent out by October.

Individuals who have an adjusted gross income of less than 100,000 dollars will receive 300 dollars, and couples that earn less than 200,00 will get 300 per person.

Illinois sent out rebates of up to 300 on September 12, while Rhode Island sent out automatic rebates to 115,000 taxpayers for parents who filed their taxes before August 31.

They are eligible for the Child Tax Credit, with families getting 250 dollars per child for up to a maximum of three children.

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