Eligible residents in Alabama started receiving their one-time tax rebates up to $300, but many were asking if this was taxable.
One-time tax rebates will be sent to eligible taxpayers in Alabama. (Photo: Getty)
$300 One-Time Tax Rebates in Alabama
Some of the states in the country have started distributing one-time tax rebates to their residents. In Alabama, an amount of up to $300 has been sent to eligible taxpayers. The distribution started on December 1 and it is expected that this will be done before the month ends.
In a published article in AL ALABAMA, those who are eligible would receive different amounts. Single tax filers would receive an amount of $150, while married couples filing together would receive an amount of $300. This will be deposited through checks and direct deposits.
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Is This Taxable?
According to a published article in DEMOPOLIS TIMES, state officials in Alabama clarified that the one-time tax rebate is not taxable at the state level. However, the Internal Revenue Service has not yet released any information on whether this is taxable at the federal level, just like what happened in Michigan.
Furthermore, it is expected that nearly two million taxpayers across the state will receive the one-time tax rebate payment and the Alabama Department of Revenue assured that they are doing everything to deliver the rebate checks.
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