Citizens of the United States of America have no hope of receiving any further stimulus checks from their federal government. However, several states have come forward to provide assistance during this time of inflation. The people living in the state of South Carolina also have good news that will help them get through the financial crisis left behind by the COVID-19 pandemic and inflation.
One-Time Stimulus Check In South Carolina
South Carolina residents who have successfully filed their tax returns for the year 2021 will be receiving $800. This stimulus check will be a single payment for the eligible residents and will be distributed according to the tax liability of 2021. As a result, residents of the state will receive the remaining amount after their credit has been subtracted from their income tax.
The Revenue Department has already announced that the highest amount of stimulus checks that can be received as tax rebate is a whopping $800. This was decided by state legislation. In addition to this good news, people will receive it very soon.
Details Of Timeline For Tax Rebate
The administration of South Carolina has announced that the people who are eligible for this single stimulus payment of $800 will get it by 31st December 2022.
The Revenue Department has clarified that tax filers who have over $800 tax liability will receive the exact amount of $800. On the other hand, tax filers with a lesser amount of tax liability will receive a reduced tax rebate. The entire relief payment will be delivered through the bank account that was used for paying the 2021 refund previously.
Beneficiaries can track their payment online and learn the amount received by them. South Carolina people can still file taxes and get the rebate within March 2023.