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Virginia Taxpayers with a liability for more than three million taxpayers will soon get exemptions of up to $250 for individual filers and up to $500 for joint filers.
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According to the official website, all taxpayers who had tax liability in the previous year and who have paid that tax will get up to $250 if filed individually and up to $500 if filed jointly.
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If you owe money to the Virginia Department of Taxation, or any other state or local agency, the state government will use the exemption to pay off that debt before sending the remainder of the exemption.
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The taxation department may release exemptions of ₹2.9 million by October and will continue to issue exemptions until all exemptions are released by the end of the financial year.
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