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Idaho sends out $169M in one-time income tax rebates

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Posted at 5:06 PM, Oct 20, 2021
and last updated 2021-10-21 11:34:04-04

BOISE, IDAHO — An Idaho official says 645,000 income tax rebates totaling $169 million have been sent out so far this year.

Idaho Division of Financial Management Administrator Alex Adams told lawmakers on a finance committee on Wednesday that the average rebate has been $248. The rebates are part of tax relief legislation passed by the Legislature and signed into law by Republican Gov. Brad Little earlier this year.

The one-time rebates are going to 2020 personal income tax filers for taxes paid in 2019. The minimum amount is $50 for each taxpayer and dependent or 9% of income taxes paid.

Adams says one person sent their rebate back.