If a resident of South Carolina has filed their 2021 tax returns and has a tax liability for 2021, they may be eligible for a rebate of up to $800 in as little as 10 days.
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This sum represents what's left over after credits are deducted from any potential tax liabilities.
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Rebates will be equal to tax liabilities for people with liabilities less than $800.
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The South Carolina Department of Revenue states that filers with a tax of at least $800 will get exactly $800.
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The maximum amount that individuals can get through this rebate, as set by the Department of Revenue, is $800.
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The rebate will be paid out before the year is over to those who submitted their 2021 SC1040 before October 17.
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In order to be eligible for the payment, which will be made by March 2023, those who file their taxes after October 17 have until February 15, 2023, to do so.
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People will either need their Social Security number or the Individual Taxpayer Identification Number from their SC1040 form to track the payment from the state.
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Many states and cities are experimenting with different strategies to help residents who are battling with high inflation-related rising prices.
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