A surge of sales and income tax revenue in the final quarter of the state s budget year means Hoosiers will get an automatic taxpayer refund for just the second time in Indiana history.
According to state officials, the money will be paid next year to Hoosiers filing a 2021 income tax return as a credit toward their income tax liability, thereby triggering an income tax refund for most filers.
The exact amount of the credit has not yet been determined. But it could be as much as $170 for individual filers or $340 for joint filers, according to House Speaker Todd Huston, R-Fishers.
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