Stimulus update: Direct payments of $800 will be sent out in South Carolina by end of year

Jack Birle

December 11, 02:03 PM December 11, 02:03 PM

Residents in South Carolina are able to get a rebate of up to $800 as long as they have filed their 2021 tax returns.

The amount of the rebate is based on a person's 2021 tax liability, which is the amount left over after subtracting credits from the income tax that the filer may owe.

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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, according to the South Carolina Department of Revenue. The Department of Revenue has capped the highest amount that people can receive from this rebate at $800, per the state.

People who have filed their 2021 SC1040 by Oct. 17 will receive this rebate before the end of the year. Anyone who received a 2021 refund by direct deposit will receive this rebate in the same bank account.

Those who file their returns after Oct. 17 have until Feb. 15, 2023, to file their returns to receive the payment, which will then arrive by March 2023.

The payment from the state can be tracked. In order to use the tracking website, people will need either their Social Security number or the Individual Taxpayer Identification number from their SC1040 form.

Several states and cities are trying various solutions to provide relief to residents who are struggling with surging prices on nearly all products due to persistently high inflation.

Tax refund 2022: Massachusetts to send residents massive refund checks by end of year

Jack Birle

November 20, 04:24 PM November 20, 04:24 PM

Eligible residents of the commonwealth of Massachusetts are set to receive a one-time tax refund by the middle of next month.

The one-time refund is possible because of the $2.94 billion in excess of the state cap on revenue the state amassed, with the exact amount a person receives varying based on tax status.

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To be eligible for the refund, residents must have filed their 2021 tax return. Those who have not filed their 2021 taxes have until Sept. 15, 2023, and should receive their payments a few weeks after filing.

Payments have already been delivered to hundreds of thousands of Massachusettsans, per CBS Boston. For all residents who have filed their taxes, they should receive their payment by the middle of December.

To determine how much the payment will be, residents can consult the state's website.

The tax refund was triggered by the state's Chapter 62F cap on revenue, a law that has only been triggered one other time since 1986.

Stimulus update: $3,200 one-time payments must be claimed before deadline in just 10 days

Jack Birle

November 06, 05:00 AM November 06, 05:00 AM

Despite there being no new coronavirus stimulus payments, millions of people are still able to receive an existing form of relief, but the time to claim the money is running out.

As many as 9 million people still have unclaimed COVID-19 stimulus payments or child tax credits, according to the Government Accountability Office. The outstanding stimulus payments can amount to as much as $3,200 for some filers.

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Those who made less than $75,000 per year or joint filers who made less than $150,000 per year were eligible for the three stimulus checks of varying amounts. Those who do not file taxes because of how little income they earn have until Nov. 15 to fill out a simplified tax return form to see whether they are eligible for any of the relief payments.

Most parents were eligible for the federal government's child tax credit, which distributed payments from July to December 2021, with the goal of the tax credit being to help people with children avoid financial difficulties and food insecurity.

Congress approved three waves of a total of $931 billion worth of stimulus checks as part of relief for the coronavirus pandemic for nearly 165 million people in 2020 and 2021. Two of the stimulus check payments were signed into law by then-President Donald Trump in 2020, and the final COVID-19 stimulus bill was signed into law by President Joe Biden in March 2021.