Inflation Relief On Its Way To Hoosier Taxpayers

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Inflation Relief On Its Way To Hoosier Taxpayers

by Wendy McNamara

Hoosiers should be on the lookout for an additional automatic taxpayer refund thanks to a new law I supported.

Individual filers will receive $200, or $400 for a married couple filing jointly. Unlike Washington, D.C., Indiana is responsibly using the state’s surplus, which experienced higher-than-anticipated revenue collections, to return $1 billion to taxpayers.

According to the Indiana Department of Revenue, direct deposits and mailed checks have already started going out to Hoosiers. The Indiana auditor’s office can print 50,000 checks per day and is aiming to have all checks printed by early October. Hoosiers should allow until Nov. 1, 2022, to receive their refund.

The $200 automatic taxpayer refund is separate from the $125 refund issued earlier this year. The state will issue a combined check for both refunds to taxpayers who were eligible for and have not yet received the initial $125 refund by direct deposit. Hoosiers on Social Security who did not qualify for the $125 taxpayer refund because they did not have to file a state tax return can still qualify for the $200 refund if they file their tax return in the calendar year 2023.

1 COMMENT

  1. Do the SS Hoosiers get $200 or a $ 200 tax refund credit if they file in 2023 ?

    I have read both .

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