If you have come across the headline that $100 rebate is given to Americans, you must be eager to know the time frame or whether it’s you that are getting the money.
To be completely frank, at this point in time, the IRS and Congress have not approved any $100 federal rebate for the entire nation. However, numerous state governments have come up with or are suggesting one-off tax rebates to return extra money to their residents. These are Alabama, Georgia, and New Mexico.
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The following provides a detailed look at what transpired, the actual amounts of money, and the category of the recipients in the said states.
Alabama: A $100 Rebate for Residents, Only If the Idea Goes Through
A $100 tax refund that the people of Alabama could be soon receiving is the title that was used in an article that the Alabama legislature was considering in 2023, a proposal to make payments to residents from the state budget surplus.
The information in the Alabama Political Reporter from May 2023 relates that the Alabama Senate committee adopted the following idea:
- $100 refunds for single filers
- $200 for married couples
It should be noted that there was a governor, Kay Ivey, who had initially come up with the figures of $400 and $800 that the eligible persons would receive as rebates, but the lawmakers had to diminish the sums inducing their concern for the budget. There is an assumption that the one-time rebate program will reduce by around $275 million still being in the state reserve (of the $2.8 billion budget surplus).
At the moment of the report being issued, the plan was awaiting the confirmation of the legislature and the governor’s signing the bill into the law. Additionally, merely those citizens of Alabama who had earlier paid the income tax of the state would be eligible for the return.
Georgia: Tax Rebates Granted Under the House Bill 162
Further south, in Georgia, a lot of taxpayers have already got their rebate checks due to the signing of House Bill 162 in the year 2023.
The program allocated a part of the state’s $6.6 billion surplus for the residents in the form of:
- $250 for single filers
- $375 for heads of households
- $500 for joint filers
The payments were made only to individuals who had an income tax liability—those who paid state income taxes. According to the Georgia Department of Revenue, the bulk of the rebates were despatched through direct deposit or mailed checks.
For entire eligibility requirements, go to the Georgia Department of Revenue website link.
New Mexico: Up to $1,000 in Tax Rebates
Last year, New Mexico, also a part of the inflation fight, by giving back excess funds, started with the list of states providing tax rebates.
In accordance with state regulations, over 900,000 New Mexico citizens had the privilege to get:
- $500 for individual filers
- $1,000 for married couples filing jointly
These payments were open to almost all the inhabitants of the state regardless of their tax liabilities if they filed a 2021 state income tax return. Also, additional payments were authorized for some eligible low-income households.
Find more details on the New Mexico Taxation and Revenue Department site.
No Nationwide Rebate—Check Your State
Although the information that was shared is true, there are only certain citizens that are entitled to rebates and that they were not distributed through the IRS or federal government bank.
The usually mentioned “$100 rebate” in practical terms refers to the Alabama unprocessed plan only and an emergency national relief check. If you are not a resident of Alabama, Georgia, or New Mexico, then most probably you will not receive these state refunds.
In case the matter of your state’s rebates is still unclear, you can always pop down to your local Department of Revenue website, or contact your official government website for additional information. Also, you can check the IRSÕs newsroom for federal tax updates.
