If you are an Arizona resident with one or more dependents, you may be eligible for a one-time tax rebate of up to $750, thanks to the Arizona Families Tax Rebate Program. This program was created as part of the 2023 bipartisan budget signed by Governor Katie Hobbs and aims to provide relief to families struggling with the effects of inflation and the COVID-19 pandemic.
What is the Arizona Families Tax Rebate?
The Arizona Families Tax Rebate is a one-time payment that will be issued by the Arizona Department of Revenue (ADOR) to eligible taxpayers who claimed at least one dependent tax credit on their 2021 Arizona income tax return. The rebate amount is $250 per dependent under age 17 and $100 per dependent over age 17, up to a maximum of three dependents. The rebate is deductible for Arizona income tax purposes, meaning that it will not increase your taxable income or affect your eligibility for other tax credits or deductions.
Who qualifies for the Arizona Families Tax Rebate?
To qualify for the rebate, you must meet the following criteria:
- You must be an Arizona resident who filed a full-year resident personal income tax return for tax year 2021.
- You must have claimed at least one dependent tax credit on your 2021 tax return. The dependent must be a resident of Arizona and either your child, stepchild, foster child, adopted child, sibling, stepsibling, or a descendant of any of these individuals. The dependent must also meet the age, relationship, support, and residency tests as defined by the IRS.
- You must have filed your 2021 tax return as the only taxpayer on your single, married filing separate, or head of household return, or as the primary or first-listed taxpayer if you filed a married filing jointly return.
- You must have had at least $1 in Arizona personal income tax liability in tax years 2021, 2020, or 2019. This means that you owed some amount of state income tax before applying for any credits, deductions, or refunds.
How to check your eligibility and status for the Arizona Families Tax Rebate?
If you meet the eligibility criteria, you do not need to apply for the rebate or take any additional action. The ADOR will automatically identify and process the rebates for eligible taxpayers based on the information provided on their 2021 tax returns. However, if you want to check your eligibility and status, you can visit the AZ Families Tax Rebate Claim Portal and enter your 2021 tax return information.
You will need to provide your last name, first name initial, primary SSN or ITIN, filing status, and zip code, and indicate whether you are the primary taxpayer or not. If you are claiming on behalf of a deceased taxpayer, you will need to select “No” to indicate that you are not the primary taxpayer. After entering the information, you can select “Validate” to check your rebate status. You can also view the FAQs for more details and clarification.
How and when will you receive the Arizona Families Tax Rebate?
The ADOR has a deadline of November 15, 2023, to issue the rebates to eligible taxpayers. The rebates will be issued after October 30, 2023, which is the date when the legislation that authorized the rebate becomes effective. The rebates will be delivered via direct deposit or paper check in the mail, depending on how you received your 2021 tax refund or made your 2021 tax payment.
If you received your refund or made your payment by direct deposit, you will receive your rebate by direct deposit as well. If you received your refund or made your payment by paper check, you will receive your rebate by paper check as well. The rebate will come with a written explanation that makes clear that the money is the state rebate and not a federal stimulus payment or a tax refund.
What impact will the Arizona Families Tax Rebate have?
The Arizona Families Tax Rebate is expected to benefit about 743,000 taxpayers and inject about $260 million into the state economy. According to Governor Hobbs, the rebate is a way to recognize the contributions of Arizona families to the state’s thriving economy and to help them cope with the rising costs of living. The rebate is also expected to stimulate consumer spending, especially during the holiday season, and support local businesses and jobs. According to the Arizona Chamber of Commerce and Industry, the rebate is a “welcome relief” for families and a “smart investment” for the state.
The Arizona Families Tax Rebate is a unique and generous program that will provide a financial boost to many Arizona families in need. If you are eligible, you can look forward to receiving your rebate soon and use it for your personal or household expenses. If you have any questions or concerns about the rebate, you can contact the ADOR at (602) 255-3381 or visit their website for more information.
Conclusion
The Arizona Families Tax Rebate is a one-time payment of up to $750 that will be issued to eligible taxpayers who claimed at least one dependent tax credit on their 2021 Arizona income tax return. The rebate is part of the 2023 bipartisan budget signed by Governor Katie Hobbs and aims to provide relief to families struggling with the effects of inflation and the COVID-19 pandemic.
The rebate will be delivered by direct deposit or paper check in the mail by November 15, 2023, depending on how you received your 2021 tax refund or made your 2021 tax payment. The rebate will benefit about 743,000 taxpayers and inject about $260 million into the state economy. The rebate is a unique and generous program that will provide a financial boost to many Arizona families in need.
FAQs
Q: How much is the family tax rebate in Arizona?
A: The family tax rebate in Arizona is $250 per dependent under age 17 and $100 per dependent over age 17, up to a maximum of three dependents.
Q: How do I know if I qualify for the Arizona Families Tax Rebate?
A: You can check your eligibility and status by visiting the [AZ Families Tax Rebate Claim Portal] and entering your 2021 tax return information.
Q: What is the anticipated date to receive the Arizona Families Tax Rebate?
A: The anticipated date to receive the rebate is by November 15, 2023.
Q: How will I receive the Arizona Families Tax Rebate?
A: You will receive the rebate by direct deposit or paper check in the mail, depending on how you received your 2021 tax refund or made your 2021 tax payment.
Q: Why is Arizona sending a rebate?
A: Arizona is sending a rebate to recognize the contributions of Arizona families to the state’s thriving economy and to help them cope with the rising costs of living.
Q: What are the key features of the Arizona Families Tax Rebate?
A: The key features of the rebate are:
- It is a one-time payment that will be issued by the Arizona Department of Revenue (ADOR).
- It is based on the number of dependents claimed on your 2021 Arizona income tax return.
- It is deductible for Arizona income tax purposes, meaning that it will not increase your taxable income or affect your eligibility for other tax credits or deductions.
Q: What is the impact of the Arizona Families Tax Rebate on the state economy?
A: The rebate is expected to stimulate consumer spending, especially during the holiday season, and support local businesses and jobs. The rebate will inject about $260 million into the state economy.
Q: Do I need to apply for the Arizona Families Tax Rebate or take any additional action?
A: No, you do not need to apply for the rebate or take any additional action. The ADOR will automatically identify and process the rebates for eligible taxpayers based on the information provided on their 2021 tax returns.
Q: What if I have not filed my 2021 tax return yet?
A: You should file your 2021 tax return as soon as possible to claim your rebate. The deadline to file your 2021 tax return is April 18, 2023. You can file your tax return online through the [ADOR website] or by mail.
Q: What if I have questions or concerns about the Arizona Families Tax Rebate?
A: You can contact the ADOR at (602) 255-3381 or visit their [website] for more information. You can also view the [FAQs] for more details and clarification.
