12 Days to Go Till One-time Payment Worth Up to $800 is Issued – See if You’re Qualified for Extra Cash
For South Carolina residents, you only have 12 days left to make direct payments of up to $800. South Carolina has opted to provide tax refunds as residents brace continually high inflation levels.
Last month, the state officially began paying one-time relief payments, but all payments should be made by the year’s end. Just last week, Hartley Powell, Department of Revenue of South Carolina, stated: “We have fortunately given over 1.39 million refunds in time for Christmas, and I’m pleased to inform you that all qualified for the 1st batch have completed.”
According to a published post by The US Sun, depending on the bank data provided by the resident to the official, rebates are issued by direct deposit or check.
Expected Money To Be Received in 12 Days
Based on 2021 tax liability taxpayers will be paid, which means the amount remaining after deducting from the income tax owed by the taxpayers. The rebate is the same as the tax liability number if the tax liability is less than $800.
If the tax liability is $800 or more, the rebate amount is exactly $800. You should consider and expect your rebate to be deposited to the same bank account that received your 2021 refund. The money will be dispatched by December 31 as long as you apply your 2021 tax forms by the 17th day of October.
By using the South Carolina Check My Rebate Status Tool, you can track your payments online. Just simply enter your Social Security number or Individual Taxpayer I.D. number from your SC1040 form. You must submit it by February 15, 2023, if you haven’t submitted it yet.
Under this new deadline, in March 2023, the rebate will be delivered to the recipients.
State administrators warn that the rebate may be delayed for numerous reasons. The processing system of The Department of Revenue may be slow, perhaps may be a problem with your tax return filing, and taxpayers have to wait if they provided incorrect banking details.
READ ALSO: STIMULUS UPDATE: $800 One-Time Tax Refund Shipped Within The Next 14 Days In South Carolina