2023 Stimulus Update for the residents in the Commonwealth of Virginia have only weeks to file before the deadline hits for their 2022 state income taxes to qualify for a tax rebate of up to $400.
Stimulus Update For The Tax Rebates Worth Up To $400
Taxpayers in the Old Dominion who failed to file their 2022 taxes have until November 1 and the extension date from the May 1 deadline, to qualify for the rebate being sent out in Virginia.
The Gazette news reported the stimulus update that the state says the rebates will be worth up to $200 for individual filers and up to $400 for joint filers.
While the state said not all taxpayers in Virginia would be eligible for the rebate, it did say that those with a tax liability are among those who will be eligible.
Gov. Glenn Youngkin (R-VA) Signed The Annual Budget Into Law
Governor Glenn Youngkin (R-VA) signed the latest round of tax rebates was approved as part of Virginia’s annual budget, into law in September stating that the budget is a result of accomplishment of putting politics down and choosing conservative commonsense solutions that make critical investments to ensure Virginia is the best state to live, work, and raise a family.
Accoring to the stimulus update for that the set of tax rebates comes annually after Virginians received tax rebates of up to $500 in 2022.
The Virginia governor also touted $1 billion in tax cuts as part of the state’s annual budget, saying he signed $5 billion in tax cuts since taking office in January 2022.