The deadline for Idaho residents to file their taxes and receive a rebate that will give them up to $600 is in one day.
Residents who lived in the gem state for a year will either receive a $300 payment for individual filers and $600 for joint filers, or 10% of a taxpayer’s 2020 income taxes, whichever option is greater.Idaho is giving this rebate to anyone who has been a state resident for the full year of 2020 and 2021 and has filed their taxes for the same tax years.
The state has already been disbursing the rebates since September, intending to give all of the payments by March 2023. The tax commission estimates it will send about 800,000 rebates by that March, which would total $500 million. Approximately 75,000 rebates are being sent out by the commission every week.
Idaho residents eligible for the rebate who provided banking information when filing their 2021 tax returns will receive this payment through direct deposit. Anyone else who is eligible will receive this rebate through a check in the mail.Any Idaho residents interested in tracking their rebate can use the Where’s My Rebate tool.
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