Connect with us

Hi, what are you looking for?

OMD NewsOMD News

Finance

$500 Million Refund Alert: Hillsborough County to Distribute Unconstitutional Sales Tax Refunds to Residents

Hillsborough County will soon send out instructions for refunds on the now-invalid transportation sales tax, with $170 million allocated to reimburse eligible residents who can provide appropriate documentation.

Hillsborough County to Start Refund Process for Invalid Sales Tax – How to Apply and What to Expect

According to the report of 10 Tampa Bay, Hillsborough County, Florida, is getting ready to send out instructions for people to claim refunds from the now-voided transportation sales tax. This comes after a court ruling and the signing of the state budget by Governor Ron DeSantis. The tax, which was ruled unconstitutional by the Florida Supreme Court in 2021, collected over $500 million. The money will be used for road improvements, a county tax break, and refunds to people who apply.

To get a refund, residents will follow a process similar to claiming a class action settlement. A $170 million fund will be used to pay back people who have valid claims. Those with proper documents can get a full refund, while those without receipts can claim up to $100 if they can prove they lived in Hillsborough County during the tax period from 2019 to 2021.

READ ALSO: 29,000+ Affordable Homes Built: NYC Mayor Eric Adams Touts Housing Progress Amidst Criticism

$500 Million Refund Alert: Hillsborough County to Distribute Unconstitutional Sales Tax Refunds to Residents (PHOTO: WTSP.com)

Refund Claims for Hillsborough County’s Invalid Sales Tax – Key Dates and How to Apply

Residents will receive notices in the mail by the end of August. There will also be email notifications and a website where people can submit their claims. Those who have already received a refund or have a pending request with the Florida Department of Revenue are not eligible for this program.

READ ALSO: 2020 IRS Form W-4: Simplified Tax Withholding Process Begins – What You Need to Know!(2020 figures)

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Finance

There is finally an update on 4th stimulus check for Social Security Recipients! Individuals who receive Social Security benefits can expect to receive a...

Military

The attack using 14 military choppers that Russian President Vladimir Putin planned was destroyed by Ukraine using US-supplied long-range tactical missiles. Russian President Vladimir...

Finance

The Biden administration has announced recently that it plans to increase the monthly payments of seniors and veterans to $2,000. $2,000 in Monthly Payments...

Finance

In Texas, this September the SNAP payments will end, worth up to $1,691, on Friday. The household income determines eligibility. A single-person household must earn more than...