Two rebates worth up to $800 are out and eligible taxpayers have only about one month left to apply. The deadline for these two major rebates: taxpayers in South Carolina and Hurricane Ian victims.
South Carolina is now saying a one-time relief payment as the residents are facing high inflation. The second rebate is a tax extension for the residents of Florida who were the most impacted by the horrible hurricane. Both of the rebates were granted an extension and all of the claims must be sent by February 15 to grab the cash.
DEADLINE IN SOUTH CAROLINA
Taxpayers in South Carolina have until February 15 to file their 2021 Individual Income Tax return. The amount received is based on their 2021 tax liability and taxpayers should start seeing checks in March.
A tax liability means the money that is left over after deducting credits from the income tax they owed. For those residents who have tax liabilities under the amount of $800, the rebate will equal that tax liability number.
If your tax liability is equal to $800 or over, the rebate will be precisely $800. You should expect that the same bank account you received your 2021 refund is where your rebate will be deposited into.
Also, taxpayers can keep track of their payments online by using South Carolina’s Check My Rebate Status tool.
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