Governor Kay Ivey on Wednesday reminded Alabama taxpayers of the one-time tax rebates that were included in her budget for 2023 will be available starting in December. 1.
Governor Ivey first declared her plan to use the historic surplus in Alabama’s budget to provide a significant financial aid to struggling Alabama families in her State of State Address in which she declared, “This is the people’s money and it’s only fair even though we acknowledge that we’re having revenues that are far beyond the norm and sustaining levels, we will give an equal share of this money directly to the citizens in Alabama.”
The Alabama Department of Revenue (ALDOR) will distribute the rebates from December. 1st, 2023.
“From the beginning, it’s been my conviction that it’s the duty for government officials to be good stewards of taxpayer money and to constantly look for ways to help citizens get through difficult circumstances,” said Governor Ivey. “Our country is currently in the middle of difficult times which is why Alabama households from all kinds of backgrounds are finding that their incomes aren’t as generous as they did in the past. Due to our unwavering commitment to fiscal responsibility, once-off tax refunds will be handed out to the hardworking Alabamans at the right time to celebrate the holidays.”
To be eligible for the rebates, taxpayers need to have completed an tax return for the individual income that ALDOR received before October 17th 2022. Trusts, estates and non-residents or any other person who claimed to be dependent in the tax year 2021 are not eligible.
“The perseverance of hardworking Alabamans and the fiscally conservative policies passed through the Legislature have helped make the state’s economy strong,” said state Senate President Pro Tempo Greg Reed. “With an economic system that is robust and built on investments in the future of Alabama and our future, we will be in a good economic situation as a state in the years to come. Since we’re in such an advantageous economic position as the state, it’s our duty as responsible officials of taxpayer funds to give back money to the citizens of Alabama through this tax rebate in the season of Christmas.”
Each rebate is determined on the qualified taxpayer’s tax filing status:
- $150 for a head of household, and married filing separately
- $300 for filing jointly of a married couple.
“Inflation has been a major issue for our state recently,” declared Senate Minority Leader Bobby Singleton. “These rebates will give dollars to taxpayers and alleviate the burden of inflation.”
Taxpayers who are qualified can be able to claim their rebate depending upon the manner in which they received their tax year refund. This can be done through direct deposit or by paper check. If a taxpayer is qualified but didn’t receive the tax year 2021 refund The rebate may be received via the paper check.
“In the past few years the federal budget has been increasing beyond control which has led to several of the largest rates of inflation over the last few decades,” said Speaker of the House Nathaniel Ledbetter. “This is having a direct impact on families throughout the state. Alabama House Alabama House worked hand-in-glove with the governor to alleviate the burden.”
“The Alabama Legislature worked hard together with the governor this year to help put cash back into people’s pockets,” said House Minority Leader Anthony Daniels. These tax refunds come just enough for the holiday season and could make the holidays a bit more festive to Alabama households.”
The refunds won’t be tax deductible in Alabama Income tax reasons.
The article Alabama Tax rebates are scheduled to start to be distributed December. 1 was first published at The Andalusia Star-News.
