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Georgia special tax refunds starting to hit some taxpayers’ bank accounts

Money

ATLANTA — Georgians will want to keep an eye on their bank accounts as a special tax refund from the state is coming this week.

Action News Jax’s sister station WSB-TV in Atlanta reports that some Georgians are starting to see the refunds in their accounts.

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The payments are showing up on bank statements with the label “GASTTAXRFD.”

The Georgia Department of Revenue said it stands for “Georgia State Tax Refund.”

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A bill was passed earlier this year for $1 billion in refunds.

Officials say Georgia taxpayers can receive a one-time refund between $250 to $500 depending on their 2023 tax return filing status.

Georgians must have filed their tax returns for both 2023 and 2024 to be eligible.

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