Current:Home > MyAlabama residents to get $300 tax rebate checks likely in November-LoTradeCoin
Alabama residents to get $300 tax rebate checks likely in November
View Date:2024-12-23 23:17:17
MONTGOMERY, Ala. (AP) — A special tax rebate payment won’t fill the pockets of Alabama residents until later this year.
State lawmakers in May passed the rebate plan that calls for $150 rebates for single people and $300 for married couples. Some 1.9 million people in the state are expected to qualify for the one-time payments.
The Alabama Department of Revenue will start issuing the checks on Nov. 30, al.com reported. For those who use direct deposit, the rebates will arrive automatically. Other rebates will be issued via check and mailed.
To qualify, you must have filed a state income tax return for 2021 on or before Oct. 17, 2022. People who don’t file a return or who are considered as a dependent for another taxpayer in 2021 aren’t eligible.
The rebates will cost the state about $393 million that comes from a $2.8 billion surplus in the Education Trust Fund.
“Thanks to the work of the Alabama Legislature, we continue making these wise investments while paying down debts, adding to our savings and returning the working people of Alabama’s money back to them through tax rebate,” Gov. Kay Ivey said in a news release.
The payments are exempt from state taxes.
veryGood! (42466)
Related
- California Gov. Gavin Newsom will spend part of week in DC as he tries to Trump-proof state policies
- Texas Department of Public Safety helicopter crashes near Mexican border with minor injury reported
- Julia Roberts Shares Sweet Glimpse Into Relationship With Husband Danny Moder
- NCAA suspends Florida State assistant coach 3 games for NIL-related recruiting violation
- Video shows Starlink satellite that resembled fireball breaking up over the Southwest: Watch
- Schumer moving forward with temporary funding bill to avoid shutdown as spending talks continue
- Fruit Stripe Gum to bite the dust after a half century of highly abbreviated rainbow flavors
- Tennessee House Republicans defend requiring tickets for more than half of the public gallery seats
- Saving for retirement? How to account for Social Security benefits
- Judy Blume to receive lifetime achievement award for ‘Bravery in Literature’
Ranking
- Tom Brady Admits He Screwed Up as a Dad to Kids With Bridget Moynahan and Gisele Bündchen
- Pennsylvania police officer shot, suspect injured during confrontation
- Fruit Stripe Gum to bite the dust after a half century of highly abbreviated rainbow flavors
- Longtime North Carolina appellate judge preparing to scale back work at the 4th US Circuit
- Shawn Mendes quest for self-discovery is a quiet triumph: Best songs on 'Shawn' album
- Jo Koy is 'happy' he hosted Golden Globes despite criticism: 'I did accept that challenge'
- Texas Department of Public Safety helicopter crashes near Mexican border with minor injury reported
- Two Democrat-aligned firms to partner and focus on Latino engagement for 2024 election
Recommendation
-
California man allegedly shot couple and set their bodies, Teslas on fire in desert
-
Your smartwatch is gross. Here's how to easily clean it.
-
'Change doesn’t happen with the same voices': All-female St. Paul city council makes history
-
Coco Gauff enters the Australian Open as a teenage Grand Slam champion. The pressure is off
-
Kristin Cavallari's Ex Mark Estes Jokingly Proposed to This Love Island USA Star
-
Bill Belichick couldn't win without Tom Brady, leaving one glaring blemish on his greatness
-
The Pittsburgh Foundation, Known for its Environmentalism, Shares a Lobbying Firm with the Oil and Gas Industry
-
Former Suriname dictator vanishes after being sentenced in killings of 15 political opponents