Residents in the commonwealth of Virginia have until the beginning of next month to file their 2022 state income taxes to qualify for a tax rebate of up to $400.
Taxpayers who have yet to file their state taxes have until Nov. 1, the extension date from the normal May 1 deadline, to receive the tax rebate from the Old Dominion.
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Rebates sent out by the state will be for up to $200 for individual filers and up to $400 for joint filers. The state said not all taxpayers are eligible for the rebate but that those who have a tax liability are among those eligible.
A timetable for when the rebates will be issued out to taxpayers and taxpayer-specific eligibility information are unavailable, according to the Virginia Department of Taxation.
The tax rebates were approved as part of the Virginia state budget, which Gov. Glenn Youngkin (R-VA) signed into law in September.
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“This budget is the result of what we can accomplish when we put politics down and choose conservative commonsense solutions and make critical investments to ensure Virginia is the best state to live, work, and raise a family,” Youngkin said in a statement. “I’m proud that we’re delivering on our promises to our veterans, our families, and fellow Virginians to lower the cost of living by providing an additional one billion dollars in tax relief on top of last year’s historic four billion dollars.”
As part of the budget, Youngkin also touted $1 billion in tax cuts, claiming he has signed $5 billion in tax cuts since taking office in 2022.
