Stimulus Update: Massive 14% Tax Rebate in a Few Days!

hindkunj.com

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Most of the taxpayers have received their money in November. Although some people are still waiting for their tax refund.

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For this reason, the State Revenue Service said that the eligible people, who have not yet received the exemption, will get the exemption till December 15.

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The exemption will be directly credited to the bank accounts of the taxpayers. And for those who don't have direct deposit setup, the rebate will be sent as a check in the mail.

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The total amount received for the exemption is a set fraction of one's income tax paid, meaning higher earners will receive much more than lower earners.

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For example, a person earning $35,000 would receive $200, while someone earning $1 million would receive $7,000.

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There is still time to file your 2021 tax return, as the deadline for this exemption has been extended to September 15 next year.

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Stimulus Update: Massive 14% Tax Rebate in a Few Days!

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