Release of State Tax Refunds
Purpose of bulletin
To inform staff that all previously delayed refunds for individuals and business entities resumed processing. All personal income tax refunds affected by the delay were processed and released on November 3, 2010. Business entity refunds also resumed processing and issued.
Due to the state’s cash flow situations, the Governor and the Legislature approved legislation delaying state tax refunds for Personal Income Tax and Business Entity taxpayers.
All refunds go through their normal processing timeframes. Direct Deposit Refunds (DDR) will be electronically transmitted.
Additionally, refunds will continue to offset to prior year liabilities and external offsets.