By KYLE BLOYD
WISH-TV | wishtv.com
All Hoosiers will receive an automatic tax refund, according to the governor.
Gov. Eric Holcomb made the announcement Wednesday. The refund will be applied after filing 2021 taxes.
“Despite a pandemic, Indiana exceeded all expectations and closed the state fiscal year with an unprecedented amount in reserves,” Holcomb said in a statement. “We have an obligation to put this money back in the hands of taxpayers instead of leaving it in the hands of government.”
The governor’s office says around $545 million will go back to taxpayers. A total of 4.3 million Indiana residents are expected to be eligible.