Virginia 2022 Stimulus Tax Rebates Kiplinger Kiplinger is supported by its audience. When you purchase through links on our site, we may earn an affiliate commission. Here's why you can trust us.

Virginia 2022 Stimulus Tax Rebates

Many eligible Virginians have received an up to $500 tax rebate check for 2022. (opens in new tab) (opens in new tab) (opens in new tab) Newsletter sign up Newsletter (Image credit: Getty Images) By Kelley R. Taylor last updated 2 November 2022 If you owed money on your Virginia tax return last year, you're in luck this year. That's because the Virginia General Assembly recently passed a law giving taxpayers like you, a 2022 "stimulus" tax rebate of up to $250 for individual filers, and up to $500 for joint filers. Most of those rebates were sent by October 31, but you had to file your 2021 Virginia individual income tax return by November 1 to receive a Virginia tax rebate.

Stimulus Checks 2022

The one-time 2022 tax "stimulus" rebate check in Virginia is part of a recent trend. Other 2022 state stimulus checks are being issued in California, New York, Colorado, Florida, and Georgia, to name just a few of the twenty or so states that have sent or are currently sending stimulus payments to their residents.

State Stimulus Checks in 2022: Will You Get One? Why are so many states issuing so called "state stimulus checks? Well, a lot of states are sitting on budget surpluses in part due to the influx of COVID-19 pandemic relief funds from the federal government.

Subscribe to Kiplinger s Personal Finance

Be a smarter, better informed investor. Save up to 74%

Sign up for Kiplinger s Free E-Newsletters

Profit and prosper with the best of Kiplinger's expert advice on investing, taxes, retirement, personal finance and more - straight to your e-mail. Profit and prosper with the best of Kiplinger's expert advice - straight to your e-mail. Sign up However, it's important to know that these state tax rebate checks and state stimulus payments are different from the three rounds of COVID-19 stimulus payments that you may have received from the federal government. That federal stimulus program has ended. But if you didn't receive your third COVID stimulus payment of $1,400, or your 2021 advance child tax credit payment, there's still time to file your 2021 federal income tax return and get those funds.

You Can Still Claim $1,400 Stimulus Checks, Child Tax Credits and File for Free Before November 17

How You Get a Stimulus Check in Virginia

Not every taxpayer in Virginia can get the 2022 tax rebate. If you had a tax liability on your 2021 Virginia tax return, you'll get an up to $250 tax rebate if you're single, and an up to $500 tax rebate if you're married and filed jointly. Virginia has a rebate lookup tool that can help you determine if you're eligible for the 2022 Virginia tax rebate. Also, you had to file your 2021 Virginia tax return by November 1, 2022.

When Will Virginia Get 2022 Stimulus Checks

Virginia is sending rebate payments in the order it received, or receives, your tax return. If you filed your Virginia tax return by September 5 and are eligible for the 2022 Virginia stimulus tax rebate, your rebate should have been sent by October 17. So, you should have received it by October 31. Some taxpayers received a check in the mail and others received the 2022 Virginia tax rebate through direct deposit to their bank account. If you've moved since last year, the check may have been forwarded to your new address and if Virginia doesn't have your banking information on file, you may receive a paper check in the mail.

Third Stimulus Check Calculator But in any case, you had to file your 2021 Virginia tax return by November 1, 2022, to receive the rebate.

Do You Have to Pay Taxes on the 2022 Virginia Tax Rebate

There's good and bad tax news with the one-time 2022 Virginia "stimulus" tax rebate payment. The good news is that if you took the standard deduction on your 2021 tax return, you shouldn't be taxed on the amount of your 2022 Virginia one-time tax "stimulus" rebate. However, if you itemized your deductions in the 2021 tax year, you may have to report the rebate amount on your federal income tax return. You will receive a Form 1099G, which is the same form that you get when you receive a Virginia tax refund.

401(k) Contribution Deadline Coming Soon Explore More Tax Breaks Tax Tips Kelley R. TaylorTax Editor, Kiplinger.comWith more than 20 years experience as an in-house legal counsel and business journalist, Kelley R. Taylor has contributed to numerous national print and digital magazines on key issues spanning education, law, health, finance, and tax. Kelley particularly enjoys translating complex information in ways that help empower people in their daily lives and work. Latest Worried About Inflation? You Can Help Protect Yourself From Its Impact Delaying major purchases can help shield present you, and future you could benefit from continuing to invest and contribute to your retirement plans. By Kelly LaVigne, J.D. • Published 13 November 22 What Is Lifetime Income Insurance Worth? A Guaranteed Lifetime Withdrawal Benefit (GLWB) could be just what you need when markets are down and you're worried about future income. By David Blanchett, PhD, CFA, CFP® • Published 12 November 22 You might also like Student Loan Forgiveness Blocked For Now Due to Court Ruling For now, a Texas federal court ruling has caused the Biden administration to block new applications for student loan forgiveness. By Kelley R. Taylor • Published 11 November 22 15 States That Tax Military Retirement Pay (and Other States That Don't) retirement Taxes on military retirement pay vary from state-to-state. How generous is your state when it comes to helping retired veterans at tax time? By Sandra Block • Published 10 November 22 $2.04 Billion Powerball Lottery Jackpot Winner Will Have a Massive Tax Bill The $2.04 billion-dollar Powerball jackpot has its big winner and the federal government will get a big chunk of the prize from taxes. By Kelley R. Taylor • Last updated 11 November 22 New "Stimulus" Check 2022: Massachusetts Tax Refund Money is Being Sent Now Massachusetts will return nearly $3 billion to eligible taxpayers beginning in November. By Kelley R. Taylor • Last updated 9 November 22 What's the Standard Deduction for 2022 vs. 2023? Tax Breaks Most Americans claim the standard deduction on their federal tax return instead of itemized deductions. How much can you claim on your 2022 and 2023 returns? By Rocky Mengle • Last updated 9 November 22 What Are the Capital Gains Tax Rates for 2022 vs. 2023? capital gains tax The capital gains tax rate that applies to a capital gain depends on the type of asset, your taxable income, and how long you held the property sold. By Rocky Mengle • Published 3 November 22 What Are the Income Tax Brackets for 2022 vs. 2023? tax brackets Depending on your taxable income, you can end up in one of seven different federal income tax brackets – each with its own marginal tax rate. By Rocky Mengle • Last updated 9 November 22 California Stimulus Checks: More Debit Cards Going Out This Week If your last name begins with F to M, a California stimulus payment debit card could be in your mailbox soon. By Rocky Mengle • Last updated 7 November 22 View More ▸ kiplinger About Us (opens in new tab) Terms and Conditions (opens in new tab) Privacy Policy (opens in new tab) Cookie Policy (opens in new tab) Kiplinger is part of Future plc, an international media group and leading digital publisher. Visit our corporate site.
© Future US, Inc. Full 7th Floor, 130 West 42nd Street, New York, NY 10036.