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Indiana officials are working on a plan that the governor’s office said Wednesday would result in taxpayers receiving $125 refund payments from the state’s growing budget surplus.
As of June 22, Indiana had issued about $245.6 million in refunds, according to the Department of Revenue. That’s about 45% of the $545 million Gov. Eric Holcomb promised to return when he ...
The size of the state surplus has triggered Indiana’s automatic tax-refund law, with an estimated $545 million being divided evenly among 4.3 million taxpayers.
These are automatic refunds. “Most Hoosiers who filed a 2020 tax return in 2021, should have received their automatic taxpayer refund via direct deposit or mailed check by now,” Klutz said.
As lawmakers debate how to provide relief, Rep. Terri Austin said Indiana is sitting on a projected $6 billion surplus, and Hoosiers should get a share of that back.
Who’s eligible for the Automatic Taxpayer Refund? Residents who’ve filed an Indiana tax return for the 2020 tax year with a postmark date of Jan. 3, 2022, or earlier will receive the money.
Any Indiana resident that filed a tax return for the 2020 tax year is eligible. Indiana residents will be paid either by check or through direct deposit, depending on how they filed their 2021 tax ...
INDIANAPOLIS — All Indiana automatic taxpayer refund checks – more than 1.5 million – have been printed and mailed, Indiana State Auditor Tera Klutz announced Thursday. “We successfully completed ...
That will reduce 2021 tax bills, but the state won’t be sending out budget surplus refund checks, said Cris Johnston, director of Indiana’s Office of Management and Budget.
State officials will start sending out $125 payments to Indiana taxpayers next month under the state’s automatic taxpayer refund law, although the timeline announced Wednesday for those payments ...
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