Governor Glenn Youngkin Announces September Tax Rebates for Virginia Taxpayers
Virginia Announces $10 Billion Surplus: Taxpayers to Receive Rebates
Virginia’s prudent fiscal management has resulted in over $10 billion in surplus revenues over the past four years. Secretary of Finance Stephen Cummings emphasized the state’s commitment to returning these funds to its residents while also funding key priorities.
Virginia Taxpayer Eligibility for 2025 Rebate
To qualify for the tax rebate, taxpayers must have a tax liability for the year 2024 and file their taxes by November 3, 2025. Beginning Thursday, September 25th, residents can verify their eligibility for the rebate by visiting tax.virginia.gov/rebate. Timelines and methods for rebate distribution are clearly outlined for eligible Virginians.
Rebate Distribution Methods and Timeline
Eligible taxpayers who filed their state taxes before July 1, 2025, can expect rebate distribution by October 15, 2025. These rebates should be received by the end of October. Residents who benefited from a direct deposit for state tax refunds this year will receive their rebates via direct deposit to the same account.
- Rebates distributed via direct deposit
- Paper checks for other eligible taxpayers
- Expected receipt by end of October 2025
Handling Existing Debts with Virginia Tax
If a taxpayer has outstanding debts with Virginia Tax or other state or local agencies, the state will apply the tax rebate to settle these debts before dispersing any remaining balance. In cases where the debt exceeds the rebate amount, the state will provide an explanation and contact information for the relevant agency.
Virginia’s fiscal strategies, as highlighted by Secretary Cummings, reflect a dedication to economic responsibility and the welfare of its citizens. Emegypt is committed to keeping residents informed about financial developments within the state.
