Tax rebate 2022: Deadline for Idaho taxpayers to apply for payment worth up to $600 is in two days

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Tax rebate 2022: Deadline for Idaho taxpayers to apply for payment worth up to $600 is in two days

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Idaho residents only have two days left to file their taxes and receive a rebate that will give them up to $600.

The Gem State is giving this rebate to anyone who has been a resident of Idaho for the full year of 2020 and 2021 and has filed their taxes for the same tax years. The state defines a full-year resident as someone who has either kept a home in Idaho for an entire year and spent more than 270 days of the year there or someone who has domiciled in the state for the entire tax year, according to the state’s tax commission.

The state has already been issuing these rebates since September, intending to give all of the payments by March 2023. Approximately 75,000 rebates are being sent out by the tax commission every week.

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The specific payment residents will receive from this rebate will either be $300 for individual filers and $600 for joint filers or 10% of a taxpayer’s 2020 income taxes, whichever option is greater.

Idaho residents eligible for this rebate who provided banking information when filing their 2021 tax returns will receive this payment through a direct deposit to their bank account. Anyone else who is eligible will receive this rebate via a check in the mail.

The tax commission estimates it will send about 800,000 rebates by March of next year, totaling $500 million.

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Any Idaho residents interested in tracking their rebate can use the Where’s My Rebate tool. To use this, one will need to provide either a Social Security number or individual taxpayer identification number, as well as an Idaho driver’s license number, state-issued ID number, or 2021 Idaho income tax return.

© 2022 Washington Examiner

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