MILLIONS of Americans are set to receive a one-time tax rebate payment this month.
This payment is being issued because the state ended the fiscal year with a surplus, and according to the state's law,
the $545million of excess money must be turned into a refundable tax credit.
Indiana residents who file as single will get $125, and married couples will be given $250.
However, to get the automatic tax rebate, you must have been a taxpayer who filed their 2020 taxes before January 3, 2022.
Direct deposit refunds will be sent out in May and will continue through the rest of the summer, and paper checks are set to be issued in July or August.
Though the rebate will be sent out during the summer, The State of Indiana noted that taxpayers should allow until September 1 to get their money, so Hoosiers should try to be patient.