Virginia Tax Rebates Worth $250, or $500 Landed in your mailboxes, Did you receive yours?

October 9, 2022 Willy Harper Stimulus Check, US Local News 0

Stimulus 2022: 500,000 Americans will receive checks worth up to $300; Check if you are eligible

By mid-October, millions of Virginians should receive one-time tax rebates worth $250, or $500 if they filed jointly. Payments will be made by printed check and direct deposit.

The Virginia Department of Taxation’s website lists more information regarding those rebate payments for eligible taxpayers. According to the website, not all taxpayers will qualify for this.

According to Virginia Department of Taxation Commissioner Craig Burns, rebates started being distributed in a “soft launch” starting Sept. 16.

“A few thousand direct deposits, a few thousand checks, just to make sure everything works before we go live,” Burns said in a press conference. For taxpayers who filed their state returns by Sept. 5, most rebates started going out Sept. 19, with plans to send out 250,000 each weekday.

“Over the course of the program through the end of the year, we expect to issue about 3.2 million one-time tax rebates,” Burns added.

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Some 1.3 million rebates will be sent through direct deposit and 1.9 million in paper checks.

Physical checks are being issued to individuals who did not include banking information in their return, whose direct deposit was declined or whose rebate was offset by outstanding debts, according to the Virginia Department of Taxation.

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The agency expects 2.9 million rebates to be issued by Oct. 11, with the remainder trickling out through the rest of the year for returns filed by Nov. 1. Eligible residents who filed by July 1 should receive their rebate by Oct. 31.

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