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Tax refunds bigger than expected for Hoosiers

INDIANAPOLIS, Ind. -- More than 3 million Hoosiers will get extra refunds this spring and it looks like they'll be bigger than expected.

Gov. Mitch Daniels signed a bill that automatically triggers refunds when the state surplus reaches a certain amount.

Lawmakers predicted the refunds would be about $50 per taxpayer, but Tuesday Daniels had an even better projection.

 

"We're raising our estimate of what this refund is likely to be. Something closer in the area of $70 an individual, $140 for a joint return,” said Daniels. 

 

The bill also funds full-day kindergarten and puts extra money into retirement for teachers, state police and conservation officers. 

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