Showing posts with label stimuluschecks. Show all posts
Showing posts with label stimuluschecks. Show all posts
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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
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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.

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Money / Dollar Bills - 111122
Selective focus on detail of USD banknotes. Counting or giving United States Dollars banknotes. World money concept, inflation and economy concept vladispas/Getty Images/iStockphoto

Stimulus update: Direct one-time $1,500 bonus checks to arrive in just two weeks

Misty Severi
November 28, 01:21 PM November 28, 01:21 PM
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Some teachers in the Fort Smith School District of Arkansas will receive a one-time bonus check of $1,500 in just two weeks.

The bonus checks, which are designed to provide relief to veteran teachers who worked during the COVID-19 pandemic, were approved in May by the school board and are set to be delivered by Dec. 15. The new funds will be paid out of the federal Elementary and Secondary School Emergency Relief budget, according to Talk Business.

BONUS CHECKS: SOME ARKANSAS TEACHERS WILL RECEIVE GIFT IN FORM OF ONE-TIME $1,500 BONUS

The bonuses will only go to select teachers in the school system, including adult education teachers, classroom teachers, instructional specialists, interventionists, and special education coordinators. Principals and assistant principals qualify, while district-level administrators do not qualify for the bonus.

The benefit comes after the school board approved a new salary schedule, which includes annual salary raises. This year the average raise was $3,471.81, a 5.89% pay increase for the current school year. However, veteran teachers received a lower raise than new teachers.

The bonus payments will be sent out to eligible teachers as inflation remains high going into the busy holiday shopping season. On Black Friday, shoppers nationwide spent $9.12 billion in online sales.

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