Governor Kay Ivey recently reminded Alabama taxpayers that the one-time tax rebates included in her 2023 budget will be on the way beginning December 1st.
Governor Ivey first announced her plan to utilize Alabama’s historic budget surplus to provide meaningful financial relief to working Alabama families during her 2023 State of the State Address, where she stated, “This is the people’s money, and it’s only right, while acknowledging we are recording revenues far exceeding normal and sustainable levels, we give a fair share of this money directly back to the people of Alabama.”
The Alabama Department of Revenue (ALDOR) will issue the rebates beginning December 1, 2023.
To qualify for the rebates, taxpayers must have filed a 2021 Individual Income Tax return which ALDOR received on or before October 17, 2022. Non-residents, estates or trusts or anyone who was claimed as a dependent during the 2021 tax year do not qualify.
The amount of each rebate is based on the qualified taxpayer’s filing status:
- $150 for single, head of family, and married filing separate
- $300 for married filing joint
Qualified taxpayers can expect to receive their rebate based on how they received their 2021 tax year refund, by direct deposit or paper check. For qualified taxpayers that did not receive a 2021 tax year refund, the rebate can be expected by paper check.
“The Alabama Legislature worked hard with the governor this year to put money back in people’s pockets,” said House Minority Leader Anthony Daniels. These tax rebates are just in time for the holidays and can help make the season a little brighter for Alabama families.”
The rebates will not be taxable for Alabama income tax purposes.
