INDIANA – Hoosiers could received their $125 Automatic Taxpayer Refund as early as next week if all goes as planned after a paper shortage delayed the checks by several weeks.
The checks will now include the original $125 taxpayer refund as well as the $200 payment approved during the special session. Individual taxpayers will receive $325 while married couples filing jointly will get $650 checks.
Hoosiers who are eligible for the $200 payment but didn’t file a tax return will have to file taxes next year in order to receive it.
Indiana taxpayers who received their original taxpayer refund via direct deposit will get the new payment by direct deposit. The Department of Revenue is handling all direct deposits.
Combining the two amounts into one check will save the state more than a million dollars in processing, printing and postage fees, according to the Auditor of State’s Office.
The state auditor is awaiting data from the Indiana Department of Revenue listing recipients who did not receive their payments via direct deposit.
The office is capable of printing up to 50,000 checks a day and hopes to start printing checks next week. The state aims to have all checks printed by early October. There are an estimated 1.7 million checks to print and send.
The state is asking anyone with questions about their payments to wait until Nov. 1 now that the second payments are being sent.