South Carolina Residents Who Submitted Their 2021 Tax Returns, Entitled To Upto $800
Who Are Entitled and Qualified to Receive the Said Stimulus Payment?
For people whose tax liabilities are less than $800, their rebates will be equal to their tax liability, while filers with a tax liability equal to or over $800 will receive exactly $800, the South Carolina Department of Revenue. The Department of Revenue has capped the highest amount that people can receive from this rebate at $800 in accordance to the state.
According to a published post by Washington Examiner, before the end of the year, those who had submitted their 2021 SC1040 by October 17 will receive this rebate. Anyone who has a direct deposit refund for the year 2021 will get this reimbursement in the same account. If you filed your return after October 17, you must also file your return and receive payment by February 15, 2023. The Payment will then arrive by March 2023.
Countless governments and municipalities are experimenting with different strategies to help residents who are struggling with rising prices of nearly all commodities due to persistently high inflation.