Nearly 3 million one-time income tax rebates have been issued in Virginia so far, and more are on the way, Virginia Secretary of Finance Steve Cummings said Tuesday.
“We have a lot of happy taxpayers out there who got their checks in September,” Cummings said, while addressing the Virginia Senate Finance and Appropriations Committee. The rebates were approved by the Virginia General Assembly earlier this year.
Individual taxpayers are receiving $250, and couples who file jointly are getting $500, although the rebates for some taxpayers have been reduced or withheld in order to satisfy existing debts.
According to Cummings, 1.2 million rebates have been issued through direct deposit, and 1.5 million have gone out via checks in the mail over the past month — and the rebates are not done yet.