Stimulus update: Deadline to file taxes for rebate of up to $400 in Virginia in four days

Stimulus update: Deadline to file taxes for rebate of up to $400 in Virginia in four days

October 28, 2023 06:00 AM

Residents in the commonwealth of Virginia have four days to file their 2022 state income taxes to qualify for a tax rebate offering eligible taxpayers up to $400.

Tax returns in the Old Dominion must be filed by the Nov. 1 extended deadline to qualify for the rebate, which is slated to roll out payments shortly. The regular deadline to file Virginia state income tax for the 2022 tax year was May 1.

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The state says the rebates will be worth up to $200 for individual filers and up to $400 for joint filers, but not all taxpayers in the state will be eligible for the rebate.

The exact timetable for when the tax rebates will be issued to residents, as well as taxpayer-specific eligibility information, is unavailable but will be announced later, according to the Virginia Department of Taxation. The state does offer answers to common eligibility questions for the tax rebate on its website.

This tax rebate was approved as part of Virginia’s annual budget, which Gov. Glenn Youngkin (R-VA) signed into law in September. This set of tax rebates comes a year after Virginians received tax rebates of up to $500 in 2022. The governor reminded residents to file their taxes by the Nov. 1 deadline to receive their tax rebate in a press release earlier this month.

The governor’s office said last week that rebates would begin going out in the coming weeks in waves. The tax rebates will be distributed by direct deposit or check, depending on how tax refunds were sent out to the taxpayer for the year.

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“As Virginians continue to face inflation and high prices as a direct result of policies out of Washington, D.C., these rebates are an important step going into the holiday season to help Virginians keep more of their hard-earned money for gas, groceries, and essentials,” Youngkin said.

“My administration has delivered over $5 billion in tax relief to Virginians, and we remain committed to lowering the cost of living for working families and veterans across Virginia. It’s their money, not the government’s,” he added.

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