Tax rebate 2022: Virginia residents have 12 days to claim rebate worth up to $500
People living in the state of Virginia have less than two weeks to file their 2021 taxes to claim a rebate worth up to $500.
Taxpayers must have received a tax liability for their 2021 taxes to get this rebate of up to $250 for individual filers and $500 for joint filers, according to the Virginia Tax Commission. The state says nearly 3.2 million taxpayers are eligible for the tax rebates.
“As Virginians face high inflation and prices coming from policies set in Washington, these one-time tax rebates will help families lower the cost of living,” Gov. Glenn Youngkin said in September. “Past administrations have overtaxed Virginians and by returning taxpayer money to Virginia’s taxpayers we are ensuring that hard-working Virginians get to keep more of their paycheck during these difficult economic times.”
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The state’s Tax Commission defines a tax liability as the amount of money owed in taxes subtracted by tax credits or deductions. The state portal for the rebates opened on Sept. 19, with eligible residents who filed their 2021 taxes by Sept. 5 set to receive their rebate by the end of October.
People who filed between July 1 and Nov. 1 will receive their rebate within four months of their file date, according to the governor’s press release.
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The state also says the rebate will be used to fulfill any outstanding debt to certain government agencies or departments before being given to recipients.