Stimulus update: One-time $800 tax rebate payments to be sent out within next 14 days in South Carolina
Asher Notheis
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There are now only two weeks left before South Carolina residents who filed their 2021 tax returns receive a rebate of up to $800.
The amount that one will receive is based on their 2021 tax liability, which is defined as the amount left over after subtracting credits from the income tax they owe. 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.
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South Carolina residents who have filed their 2021 SC1040 tax forms by Oct. 17 will receive this rebate before Dec. 31. The money will be given in the same bank account that people received their 2021 refund.
The Department of Revenue has capped the highest amount people can receive from this rebate to $800, according to state legislation.
Those who wish to track their payments can do so on the Department of Revenue’s website. To do this, they will need either their Social Security number or the Individual Taxpayer Identification Number from their SC1040 form to use the tracking site.
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There is still time for residents to get this rebate if they have not yet filed their returns. The filing deadline is scheduled for Feb. 15, 2023, after which recipients will receive their rebate in March 2023.
The Department of Revenue will need filers to provide their updated mailing address if their address has changed since filing their tax return in order to properly issue the rebate.