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Individually this discount will be up to $250 and jointly this discount will be up to $500. About 3.2 million people in Virginia will benefit from this exemption.
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To apply for this exemption, taxpayers must apply by November 1, 2022 and have tax liability as of 2021. From September 19, taxpayers can visit the website tax.virginia.gov/rebate and check their eligibility for this one-time tax exemption.
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To be eligible for the exemption, Virginians must file by November 1, 2022 and be taxed by 2021. The unemployed, social security and disabled will not be eligible for this exemption.
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Next steps