Indiana is one of only six other states with an automatic taxpayer refund in place. Basically the state has a budget surplus and by law the extra funds must be refunded to taxpayers. Hoosiers will receive a refund of $125 or $250 for married couples filing jointly through a tax credit when they file their taxes in 2022. So when exactly is this money coming and how? the money is separate from any refund you may get from filing your 2021 state income tax return. The money is separate from any refund you may get from filing your 2021 state income tax return and it should land in your bank as a direct deposit starting next month. You don't need to do anything additional to get this money.