Louisiana taxpayers receive more than half-billion dollars in - KPLC 7 News, Lake Charles, Louisiana

LA taxpayers receive more than half-billion dollars in state individual income tax refunds

The following is a Press Release from the State of Louisiana Department of Revenue:

The Louisiana Department of Revenue (LDR) has distributed more than half a billion dollars in individual state income tax refunds to Louisiana taxpayers for the 2011 tax year.

As of Friday, April 20, the total of individual income tax refunds was $534,031,761.11.  The average refund amount was $438.12.

"We're processing returns faster, getting taxpayers their money back faster, and doing it at less cost to the state than ever before," said Secretary of Revenue Cynthia Bridges. "This is due, in large part, to the growing use of electronic and online filing."

To date, LDR has processed more than 1.5 million individual income tax returns that were filed electronically.  This is ten weeks earlier than the same benchmark was reached in 2011.

Electronic filing methods include LDR's free online filing system, Louisiana File Online, and a variety of commercially available software applications.

Seventy percent of this year's refunds, $374.6 million, have been distributed via direct deposit.  Direct deposit is available only to taxpayers who file their taxes electronically.  It is the fastest, most secure method of refund distribution.

The next largest amount of refunds went out via the Louisiana MyRefund Card, a pre-paid debit card used to distribute refunds mostly to taxpayers who file paper returns.  Taxpayers have received $134.2 million through the MyRefund Card program.

Taxpayers receiving paper checks have received $25.1 million in refunds for this tax season. 

  • More Local NewsNewsMore>>

  • Fenton city council reviews 2016 audit report

    Fenton city council reviews 2016 audit report

    Tuesday, December 12 2017 11:16 PM EST2017-12-13 04:16:22 GMT
    (Source: Maranda Whittington/KPLC)(Source: Maranda Whittington/KPLC)
    Over a month ago KPLC  told you about audit issues happening in the town of Fenton.  Mayor Eddie Alfred's payroll records for last year showed he was overpaid over $12,000.  Tuesday night the village held their city council meeting where they reviewed last year's audit.  No comments were coming from Fenton Mayor Eddie Alfred or auditor Coy Vincent.  Tuesday night Fenton city council met to review the town's audit from last year.  Back in late October...More >>
    Over a month ago KPLC  told you about audit issues happening in the town of Fenton.  Mayor Eddie Alfred's payroll records for last year showed he was overpaid over $12,000.  Tuesday night the village held their city council meeting where they reviewed last year's audit.  No comments were coming from Fenton Mayor Eddie Alfred or auditor Coy Vincent.  Tuesday night Fenton city council met to review the town's audit from last year.  Back in late October...More >>
  • BREAKING: Democrat Doug Jones wins U.S. Senate Special Election in Alabama

    U.S. Senate Special Election: Election Results

    Get up to the minute results for the U.S. Senate Special Election.

    More >>

    Get up to the minute results for the U.S. Senate Special Election.

    More >>
  • What happens if the FCC repeals Net Neutrality?

    What happens if the FCC repeals Net Neutrality?

    Tuesday, December 12 2017 8:34 PM EST2017-12-13 01:34:29 GMT

    Where would we be without the Internet? Your access to information takes seconds Soon, things might change. The FCC announced, last week, a final proposal that would do away with net neutrality. That's coming to vote this Thursday. If this debated regulation is repealed, it may mean goodbye to open Internet, and hello to paying more in services or even a slower Internet speed. Let's break it down. Net neutrality, what is it? It’s a basic principle that prohibits internet p...

    More >>

    Where would we be without the Internet? Your access to information takes seconds Soon, things might change. The FCC announced, last week, a final proposal that would do away with net neutrality. That's coming to vote this Thursday. If this debated regulation is repealed, it may mean goodbye to open Internet, and hello to paying more in services or even a slower Internet speed. Let's break it down. Net neutrality, what is it? It’s a basic principle that prohibits internet p...

    More >>
Powered by Frankly