Article courtesy of Hawaii News Now
People who filed their state taxes early, may be getting their refunds earlier than expected.
Today, it was announced that the Department of Taxation will begin issuing those checks immediately, for people who had their paperwork processed during January and February. That's 43% of the tax filers, equaling about $125 million, or 60% of the claims to date.
The first refunds will be going out to people with automatic deposit on May 21. People without direct deposit will start seeing the checks some time after Friday, May 28.
The state had planned to delay the refunds until early July to offset the budget shortfalls. But now the state says tax revenue collections had improved for the first 10 months of this fiscal year, so the money can be released earlier.