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Idaho’s direct payments are being distributed, and Thanksgiving should finish them.
According to Governor Brad Little, this deadline applies to citizens who submit their taxes on time.
The state, he continued, has already given 192,000 refund checks totaling $133 million.
These payments are a small portion of a much bigger $1 billion plan that promises to lower taxes, support more education, and diminish the state’s fiscal surplus.
Inflation impacting your holiday shopping? The State of Idaho has you covered, thanks to our special session's $500 MILLION tax rebate package.
By Thanksgiving almost every Idaho taxpayer who filed on time will have their rebate – meaning more $ for food this holiday season. https://t.co/kXCaG7pQnO
— Brad Little (@GovernorLittle) October 11, 2022
Residents’ refund amounts will be determined based on the most recent, approved information for their 2020 tax returns that is currently on file.
Individuals will receive a rebate for the 2022 Special Session of $300, while joint filers will receive a refund of $600.
Who is eligible to receive the payment?
The reimbursement is available to any Idaho resident who filed a Form 24 or an Idaho income tax return during the years 2020 and 2021 and was a state resident during those years.
Idahoans – inflation relief is on the way. Thanks to our recent special session, half a BILLION $ in rebate checks are already heading to taxpayer bank accounts and mailboxes.
Track your rebate at https://t.co/qEuaXboVVZ pic.twitter.com/8HpnXBHXFl
— Brad Little (@GovernorLittle) October 6, 2022
You must have either maintained a residence in Idaho for the entire year or spent more than 270 days there to be considered a full-year resident. If you missed the initial tax filing deadline, your checks would arrive later.
A representative from the Idaho Tax Commission told the Capital Sun that you can still get the rebate if you file your 2020 and 2021 income tax returns by December 31.
$300 MINIMUM for individuals.
$600 MINIMUM for joint filers.
That's how much we're giving back to Idahoans through our THIRD ROUND of rebate checks thanks to the recent extraordinary session.
Track the status of your rebate at https://t.co/qEuaXb7STZ https://t.co/2Z7Aac3nIY
— Brad Little (@GovernorLittle) September 23, 2022
The payment should appear as a direct deposit if the bank information on your 2021 tax return is accurate. A check for reimbursement will be mailed to everyone else’s most recent address on file.
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