As a result of Indiana’s “Use of Excess Reserves†law (IC 4-10-22), Gov. Holcomb announced on Dec. 15 that an estimated 4.3 million taxpayers will receive a $125 tax refund in 2022.
DOR is supporting Governor Holcomb, his team, and the Indiana General Assembly as they work to determine how to administer the tax credit refund. The Auditor of State (AOS) issues tax refunds with assistance from DOR. We are currently collaborating with the AOS team to prepare our systems and operations to initiate the plan once completed. More information will be available in 2022 after Governor Holcomb and the General Assembly finalize legislation and other details.
