Older Hoosiers could receive financial help after state lawmakers approved a $200 taxpayer refund.
Indiana residents who qualified for the $125 taxpayer refund earlier this year will automatically receive the onetime $200 payment. Those who did not qualify for the $125 refund could still be eligible for the $200 payment.
Individuals who receive Social Security and don’t normally earn enough to file taxes may still receive the $200, but they must file a 2022 tax return next year and claim the $200 as a tax credit. Those who don’t owe taxes will receive the $200 refund. If someone does owe taxes, the $200 will go toward the balance due.
To qualify, lower-income taxpayers must have received Social Security benefits in calendar year 2022 and must not be claimed as a dependent on a 2022 Indiana income tax return. Learn more at the Indiana Department of Revenue website.
This story is provided by AARP Indiana. Visit the AARP Indiana page for more news, events, and programs affecting retirement, health care, and more.
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