Stimulus update: $800 tax rebates to be sent in 16 days in South Carolina

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FILE – In this June 15, 2018, file photo, cash is fanned out from a wallet in North Andover, Massachusetts. (AP Photo/Elise Amendola, File) Elise Amendola/AP

Stimulus update: $800 tax rebates to be sent in 16 days in South Carolina

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South Carolina residents who have filed their 2021 tax returns will only have to wait just over two weeks to receive a rebate of up to $800.

The amount that recipients receive from this rebate will be based on their 2021 tax liability, which is 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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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.

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

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This payment can be tracked by recipients, though people will need either their Social Security number or the Individual Taxpayer Identification Number from their SC1040 form to use the tracking site.

Anyone who has not yet filed their returns has until Feb. 15 of next year to file them in order to receive this rebate. They will then receive it in March 2023.

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