Daniels says tax refunds will exceed expectations

July 3rd, 2012 at 12:32 pm by under Jim Shella's Political Blog

If you’re an Indiana taxpayer there’s a hundred dollars coming your way.

Governor Mitch Daniels revealed today that the state had a $2 billion surplus when the fiscal year ended on Sunday.  That triggers a new automatic refund that will go to about 3 million taxpayers as a credit on their 2013 tax form.  It will be at least a $100 for a single filer and $200 for joint filers.  “In the previous year the median income tax payment by a Hoosier was $819,” said Daniels, “so what we can say today, there’ll be a double digit discount.”

The governor also predicted a $2 billion surplus at the end of the 2013 budget.

Tags:

Comments are closed.