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The average tax refund for the 2022 tax year is $1,963 as of early February, according to the IRS. ... South Carolina. $1,984. West Virginia. $1,978. ... The average person can expect back an ...
South Carolina lawmakers in June approved the parameters for a tax rebate of $1 billion for South Carolinians. Eligible taxpayers have received up to $800 by direct deposit or paper checks. Nearly ...
Returns are also required by partnerships doing business in the state. Many states require that a copy of the federal income tax return be attached to their state income tax returns. The deadline for filing returns varies by state and type of return, but for individuals in many states is the same as the federal deadline, typically April 15.
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Federal Tax Refund vs. State Tax Refund. Many taxpayers don't realize there's a difference between state and federal income tax refund timeframes. The IRS typically processes electronic federal ...
The ability of the United States government to tax and spend in specific regions has large implications to economic activity and performance. Taxes are indexed to wages and profits and therefore areas of high taxation are correlated with areas of higher per capita income and more economic activity.
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