Gov. Ivey proposes $400 tax rebate, here’s what you need to know
MONTGOMERY, Ala. (WBRC) - Alabama Governor Kay Ivey is proposing a one-time, $400 tax rebate. Here’s what you need to know.
The governor’s office tells WBRC, “The rebate is not taxable for Alabama income tax purposes. There is no income threshold requirement. The refund is based on the taxpayer’s filing status for the 2021 income tax return. $400 for single, head of family and married filing separate and $800 for married filing jointly.”
Those who filed taxes in 2021.
How will it work?
Lawmakers must approve the funds first.
When will the funds be available?
If approved, it would take the state 60-90 days to cut the checks.
Who isn’t qualified?
Those who don’t meet the income threshold to file taxes, and those who didn’t file in 2021.
The governor is asking lawmakers to authorize the funds to help working families who are grappling with inflationary costs.
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