The first lot of the $400 checks will go out to residents in one state soon, and as such, the first group of recipients in this state will receive their payments in July. Thousands of residents in the state are eagerly anticipating some financial relief that will be provided due to a tax rebate program allowed merely due to the creation of the state’s Tax Rebate Fund. $1 billion was set aside for this state’s Tax Rebate Fund which means that all eligible residents will receive payments of up to $400.
Looking at the eligibility criteria in this state
In this state, the decision was to assist those citizens who had an income tax liability in 2024, and the main eligibility criteria are determined by a citizen’s filing status and the date when the citizen filed their state tax return. To qualify for this state rebate, citizens must:
- have filed their 2024 state tax return by November 3, 2025.
- be a state taxpayer with a state tax liability
The rebate amount received cannot be more than the citizen’s tax liability after credits, deductions, and other subtractions are considered. Only citizens with a state liability can receive payments. Payments received will more or less be as follows:
- Single filers can receive up to $200
- Married couples filing jointly can receive up to $400
The tax rebate will be automatically paid out to those eligible citizens who met the tax filing deadline.
When in July can these checks be expected?
Following in the footsteps of other states like Georgia that offer about $500 in tax refunds to qualifying citizens, this state is also ready to distribute the first set of payments this July. Checks will continue to be paid right through to October 15, 2025. Each citizen’s payment will be determined by when the citizen filed their tax returns:
- Those who filed before July 1, 2025, will receive checks and a direct deposit in early to mid-June.
- Those who filed between July and November will receive rebates later, according to the order in which the returns were received.
All of these rebate payments will be made via a direct deposit or through mailed paper checks. Even with this tax rebate, the state will ensure that any state debts that are outstanding get paid first by reducing the rebate or redirecting the rebate under the Setoff Debt Collection Act.
Which state is launching this tax rebate initiative and why?
These rebate checks are being issued in Virginia as part of the broader financial plan passed by the Virginia General Assembly due to the $977,8 million appropriation from the state’s general fund. Budget surpluses are being used to refund citizens in several states so as to assist state citizens to stay financially afloat despite the increasing living costs and ever-increasing inflation rates.
The Virginia Department of Taxation urges citizens who have not filed their 2024 tax returns to do so, as this will ensure they receive rebates as well. Filing before July 1 is a good idea, as that means rebates will be received this summer.
Citizens in Virginia merely need to be on the lookout for official information sent by the Virginia Department of Taxation that will indicate which tools can be used for tracking rebate status, confirming eligibility, and updating direct deposit information. The good news is that whether citizens receive $200 or the full $400 back from the state, it can serve as a form of added assistance, helping with the financial strain.
More and more states are taking initiatives to reduce taxes or to issue tax rebates to citizens. Some states, such as the state of Pennsylvania, are providing tax relief of up to $1,000 for citizens in their state. All these state-based initiatives could help out their citizens considerably.
Disclaimer: Our coverage of stimulus checks, tax reliefs, tax rebates, tax credits, and other payments is based on the official sources listed in the article. All payment amounts and dates, as well as eligibility requirements, are subject to change by the governing institutions. Always consult the official source we provide to stay up to date and obtain information for your decision-making.
