Tax Rebate: Frequently Asked Questions (2024)

2022 Tax Rebates: Frequently Asked Questions

tax.idaho.gov/rebateinfo

Idaho is giving eligible taxpayers two rebates in 2022:

  • 2022 Special Session rebate: On September 1, 2022, a Special Session of the Idaho Legislature passed and Governor Brad Little signed House Bill 1 authorizing a tax rebate to full-year residents of Idaho.
  • 2022 rebate: On February 4, 2022, Governor Little signed House Bill 436 that provided a tax rebate to full-year residents of Idaho.

Below are answers to frequently asked questions about the two rebates in 2022. The amount of each rebate is different, but the qualifications and process to get them are the same.

  1. What are the amounts of the tax rebates?

    The amounts are based on the most recent, approved 2020 tax return information on file at the time we issue the rebates.

    • Amount of the 2022 Special Session rebate, whichever is greater:
      • $300 for individual filers [includes filing statuses Single, Head of Household, Qualifying Widow(er) and Married Filing Separately]; $600 for joint filers
      • 10% of the tax amount reported on Form 40 (line 20), or Form 43 (line 42) for eligible service members using that form
    • Amount of the 2022 rebate, whichever is greater:
      • $75 per taxpayer and each dependent
      • 12% of the tax amount reported on Form 40 (line 20), or Form 43 (line 42) for eligible service members using that form
  2. I received an email telling me I'm going to get a rebate. Is this legitimate?

    Yes. We send emails about the rebates on behalf of Governor Little and the Legislature. The emails go to people who e-filed their 2021 income tax returns because we have their email addresses.

  3. Who's eligible for the tax rebates?

    Any Idahoan who was a full-year resident in 2020 and 2021 and who also filed an Idaho individual income tax return or a Form 24 for those years is eligible for the rebates. Nonresidents and part-year residents aren't eligible.

    A full-year resident is someone domiciled in Idaho for the entire tax year. Domicile is the place you have your permanent home and where you intend to return whenever you're away; it's the place that's the center of your personal and business life. If you're stationed in Idaho on active military duty, you're considered a resident of the state where you're domiciled.

  4. What do I need to do to get my tax rebates?

    You need to file your 2020 and 2021 individual income tax returns by December 31, 2022, to receive the rebates.

  5. How do I receive my rebate payments?

    Taxpayers who provided valid bank information when filing their 2021 tax returns receive the payments through a direct deposit to their bank account. All other taxpayers receive checks at the most recent address we have on file. This includes taxpayers who used a refund product (such as a refund anticipation loan) when filing their return with tax software or a tax preparer.

  6. When will the Tax Commission start issuing the tax rebate payments?

    We start processing payments for the 2022 Special Session rebate in late September, issuing them to eligible taxpayers in the order of the date we received the 2021 tax returns. We start with taxpayers who are eligible to receive the rebate through direct deposit and then move to those who will receive a check. About 75,000 payments will go out weekly. We'll continue to process payments throughout 2022 and early 2023 as taxpayers file their returns and become eligible for the rebate.

    We've already issued the majority of the first 2022 rebate payments, but we continue to send more as taxpayers file their returns and become eligible.

  7. How can I check the status of my rebate payment?

    You can track the status of your rebates using the Where's My Rebate tool at tax.idaho.gov/rebate

    You can use this tool anytime. The information in the tool is the same information that our Taxpayer Services representatives can provide over the phone.

    To retrieve your rebate status, you'll need:

    • Your Social Security number or Individual Taxpayer Identification Number
    • Your Idaho driver's license number, state-issued ID number, or 2021 Idaho income tax return
  8. What if my filing status changed between 2020 and 2021?

    We calculate the rebates using the information on your 2020 tax return. If your filing status changed when you filed your 2021 tax return, the amount of the rebates you receive might be affected in certain cases. For example:

    • You filed as Single in 2020 but filed as Married Filing Jointly in 2021. Your rebates are based on the 2020 return, and you receive the full amount of each rebate.
    • You filed as Married Filing Jointly in 2020 but filed as Single or Head of Household in 2021. Your rebates are based on the 2020 return, but you receive only half the amount of each rebate. We split the rebates equally between you and your ex-spouse (following Idaho Community Property law 32-906).
  9. My address has changed since I filed my 2021 tax return. How do I update it so I can get my rebate check or checks?

    Email RebateAddressUpdate@tax.idaho.gov to request an update. Please provide your:

    • Full Name
    • Last four digits of your Social Security number or Individual Taxpayer Identification Number
    • Previous address
    • New address

    We'll update your address within three to five business days. However, we won't be able to reply to your email due to the number of requests we expect. Please only use this email address to send us a change to your mailing address. If you have rebate questions, see the other FAQs on this page or email us at taxrep@tax.idaho.gov.

  10. Can I still get the tax rebates if I wasn't required to file a tax return?

    If you aren't required to file a return, you might be eligible to file one for any overpaid withholding or to receive the grocery credit. You must be an Idaho resident to receive the grocery credit. Visit the Income Tax hub at tax.idaho.gov/incomehub for more information.

  11. Why haven't I received my rebates? I filed my 2020 and 2021 tax returns.

    All income tax returns go through fraud detection reviews and accuracy checks. We might send you letters to verify your identity or to ask for more information. If you don't respond to these letters, we can't finish processing your returns. As a result, your rebate payments will be delayed.

  12. Do you apply my tax rebates to other amounts I owe?

    Yes. We'll reduce your rebate payment if you have other tax debts with the Tax Commission (e.g., you owe income tax, sales tax, withholding tax, etc.), or if you have any outstanding obligations to the following:

    • Idaho Department of Health and Welfare (usually for unpaid child support). Call (208) 334-2479 in the Boise area or toll free at (800) 356-9868.
    • Idaho Department of Labor (for unreimbursed unemployment overpayments). Call (208) 332-3576 in the Boise area or toll free at (800) 448-2977.
    • Idaho Supreme Court (for unpaid court-ordered fines, fees, or restitution). Call (208) 947-7445.
    • County Sheriff departments (for sheriff's garnishments). Call (208) 577-3750.
    • Internal Revenue Service (for unpaid federal tax debts). Call toll free at (800) 829-7650.
    • Bankruptcy trustees

    You might receive a letter from us if we reduce your rebate payment.

  13. Are the rebates taxable?

    Rebates are handled exactly like regular refunds; they're not taxable to Idaho. However, they might be taxable on the federal level. Please see the instructions for your federal income tax return for reporting state and local income tax refunds.

  14. Who can I contact for more information?

    If you have questions, please call us at (208) 334-7660 in the Boise area or toll free at (800) 972-7660.


2021 Tax Rebate

Need information about the 2021 tax rebate? Read our 2021 tax rebate FAQs.

Page last updated October 7, 2022. Last full review of page: September 16, 2022.

Tax Rebate: Frequently Asked Questions (2024)

FAQs

What are the most commonly asked tax questions? ›

Top Frequently Asked Questions
  • How do I notify the IRS my address has changed? ...
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  • Can I file an amended Form 1040-X electronically? ...
  • What if I entered the correct account and routing numbers, but the IRS made an error in depositing my refund?

Is everyone in NY getting a tax rebate check? ›

Income Eligibility

Property owners with income less than $250,000: If your adjusted gross income as reported on your federal tax return (Line 11 for Form 1040) is less than $250,000, you will likely qualify for the rebate.

Who qualifies for the recovery rebate credit? ›

Who is eligible for the recovery rebate credit? To be eligible, taxpayers had to fall within income limits specific to each stimulus payment. For the two payments issued in 2020, individual taxpayers who earned $75,000 or less in 2018 or 2019, based on adjusted gross income (AGI), qualified for the full payments.

How to calculate rebate in income tax? ›

Amount In Rs
  1. Step I: Calculate excess above Rs. 7 lakhs (Rs 7,15,000 – Rs 7,00,000)
  2. Step II : Tax on total income of Rs 7,15,000.
  3. Tax on First Rs 3,00,000 - Nil.
  4. Tax on next Rs 3,00,000 @ 5% - Rs 15,000.
  5. Tax on balance Rs 1,15,000 @ 10% - Rs 11,500.
  6. Step III : Since B>A, rebate u/s 87A would be (B-A)
  7. (Rs 26,500- Rs 15,000)
Mar 15, 2024

Who is best to answer tax questions? ›

The IRS helps taxpayers get forms and publications and answers a wide range of tax questions. The IRS can also help individuals find free tax preparation services.

What is the new IRS question that must be answered? ›

The Internal Revenue Service reminds taxpayers they must answer the digital asset question and report all digital asset related income when they file their 2023 federal income tax return.

Who gets NY tax rebate? ›

The property tax rebate is for homeowners whose New York City property is their primary residence and whose combined income is $250,000 or less. Most recipients of the School Tax Relief (STAR) exemption or credit will automatically qualify and will not need to take any action in order to receive the rebate.

Why haven't I received my NYS Star rebate check? ›

If the delivery schedule indicates that STAR credits have been issued in your area, but you have not received yours, review your school property tax bill. (See examples.) If you received the STAR exemption on your bill, there is no further STAR benefit to receive this year.

What is the NYS rebate check? ›

What is STAR? STAR is the New York State School Tax Relief program that provides an exemption on a portion of school property taxes, or a rebate check, for owner-occupied primary residences. There are 2 types of STAR exemptions or rebate checks - basic and enhanced. View yearly STAR exemption amounts.

Why did I get $700 from the IRS today? ›

Overview. The Middle Class Tax Refund (MCTR) is a one-time payment to provide relief to Californians. If you are eligible, you will automatically receive a payment. Payments are expected to be issued between October 2022 and January 2023.

Why did I get denied for recovery rebate credit? ›

Factors that may affect eligibility for the 2021 Recovery Rebate Credit include: Income change: Some people may have received less than the full third Economic Impact Payment because their adjusted gross income was too high. Lower income in 2021 could make you eligible to claim the 2021 Recovery Rebate Credit.

How to claim a rebate? ›

According to the Income Tax Act 1961, if your gross taxable income is below Rs 5 lakhs per annum, then you can claim tax rebate u/s 87A. As per section 87A you can claim a tax rebate of up to Rs 12,500 via tax SOP.

What is the rebate for senior citizens under U S 87A? ›

You can claim a maximum rebate of up to ₹12,500 under Section 87A of the Income-Tax Act for the financial year 2022-23. The maximum amount of the 87A rebate has been amended from time to time. In the beginning, the maximum limit of tax rebate under Section 87A of the Income Tax Act was ₹2,000.

What is rebate payout? ›

What is a Rebate? Rebates are an incentive program in which a supplier offers their customers a monetary reward for reaching designated purchasing goals. After the target specified in the agreement is met, customers can claim a percentage of the purchase price back for a better deal on their order.

What is the rebate amount? ›

When an individual pays more than his/her tax liability he/she receives a refund on the paid amount which is known as tax rebate. The excess money is refunded at the end of the fiscal year. For claiming a tax refund one needs to file an tax return.

How do I prepare for a tax interview? ›

Prepare to answer questions about your work experience, qualifications and accounting skills that allow interviewers to evaluate your past performance and your ability to meet the job requirements: What is your experience in tax accounting? What credentials do you hold? How do you keep your credentials current?

What are the three largest taxes taken from your check? ›

They consist of federal income tax, Federal Insurance Contributions Act (FICA) tax (Medicare and Social Security) and state income tax.

What is the most common tax document? ›

IRS Form 1040 is the standard federal income tax form people use to report their income, claim tax deductions and credits, and calculate their tax refund or tax bill for the year.

What is the most common tax return? ›

Form 1040 is used by U.S. taxpayers to file an annual income tax return.

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