The Rhode Island Division of Taxation continues to issue
more refunds this year -- and in greater amounts -- compared with last
year. Through mid-April, the Tax Division issued about 342,000
refunds, up about 5 percent from the corresponding period a year ago. The total
amount refunded so far this year is about $175 million, up about 13 percent.
The average refund is $513, up about 8 percent.
|
Filing season 2011
|
Filing
season 2012
|
Difference
|
|
|
Number of
refunds
|
326,753
|
341,573
|
+
4.54%
|
|
Total amount
refunded
|
$
155,644,458
|
$
175,321,236
|
+
12.64%
|
|
Average
refund
|
$
476
|
$
513
|
+
7.77%
|
|
Cumulative
figures for tax year 2010 through April 15, 2011, and for tax year 2011 through
April 13, 2012. Figures for each filing season do not include prior-year
returns and are before interest and offset.
|
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