A $125 Automatic Taxpayer Refund will be received by Hoosiers in the coming weeks, resulting in a 12 percent cut in the average Hoosier’s annual income tax liability.
Hoosier taxpayers will receive a one-time $125 taxpayer refund if they filed an Indiana resident tax return for 2020 tax year with postmark date of January 3, 2022 or earlier.
Governor Eric Holcomb announced that an estimated 4.3 million taxpayers will receive a $125 refund after they file their 2021 taxes.
After the tax-filing deadline passes on April 18, the Department of Revenue and the Auditor of State’s Office will begin issuing the refunds via direct deposit or by mailing a paper check.
Refunds will begin in May through direct deposit for residents who have filed their income taxes and provided their banking information on their return. Direct deposits are expected to continue through July.
Paper checks will be issued beginning in late July and continue through August, with the goal of completing the refund statewide by Sept. 1.
Residents do not need to take any action to receive the refund. The refund is in addition to and separate from any refund Hoosiers may receive after filing their 2021 state income tax returns.
