The Georgia Department of Revenue announced that some residents in the state can claim up to $500 in rebates from the state’s Surplus Tax Refund.
$500 in Rebates in Georgia
The Georgia Department of Revenue announced that some residents in the state affected by Hurricane Idalia can claim an amount of $500 in rebates from the state’s Surplus Tax Refund. It is part of House Bill 162 signed by Georgia State Governor Brian Kemp in March.
In a published article in Gazette, the amount of tax refunds or rebates varies. Single filer or married but filing separately can receive an amount of $250, $375 for heads of household, and $500 for married taxpayers filing jointly.
Extension to Taxpayers
According to an article published in GROUND NEWS, those who qualified for the rebates have until February to file their 2021 or 2022 to receive their rebates. To qualify for the rebates, residents need to have a tax liability for tax year 2021 and can be a Georgia resident, a part-year resident, or a nonresident.
Furthermore, the source of funds will come from the state’s surplus. Taxpayers in Georgia also need to meet the requirements to qualify for the rebates. On the other hand, those who did not qualify for or seek an extension needed to file their returns by April 18.