AMERICANS who are still waiting for tax rebates to arrive shouldn’t bother opening their mailboxes today.
This is because there is no regular mail delivery on Thanksgiving.
You can expect your local post office and couriers to be out of service today, according to the U.S. Postal Service holiday calendar.
The USPS will re-open its doors Friday, November 25, at the usual times.
Unfortunately, tax rebates will not be sent on a federal holiday.
Who is sending tax rebates and stimulus checks?
There are several states sending money.
California taxpayers are now receiving the Middle Class Tax Refund.
The payments range from $200 to $1,050 and will be sent through the new year.
In South Carolina, eligible residents are getting rebates up to $800.
While Virginia residents are getting direct payments worth up to $500.
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Also, Illinois residents could qualify for tax rebates of up to $700, which started going out in September.
Millions of Massachusetts residents can thank a state law for rebates coming their way worth a collective $2.9billion.
For the fiscal year ending June 30, 2022, Massachusetts had a net tax revenue of nearly $42billion, while the state’s law caps the tax revenue at $38.87billion.
When can I expect my money to arrive?
When your cash arrives could depend on the payment method you selected on your tax return.
For example, those waiting on a direct payment typically see the payments in their bank accounts within a few days, while paper checks could take three weeks.
Here are three scenarios when you might get a fourth federal stimulus payment in 2022.
Plus, there are various cities and states offering universal basic income – a set of recurring payments that individuals get from the government.
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