New York State Department of Taxation and Finance
518-45-PRESS (518-457-7377) geoffrey.gloak@tax.ny.gov February 26, 2014
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NYS Tax Department Announces $1 Billion in Refunds Issued for 1.1 Million Taxpayers – 50% increase over last yearEncourages New Yorkers to take advantage of free e-filing for faster refunds |
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The New York State Department of Taxation and Finance announced today that it has issued $1 billion in refunds and reminded New Yorkers to use free e-filing options for faster refunds. Already, refunds have been issued to more than 1.1 million taxpayers – a 50% increase over last year’s total by this date of 776,000. More than 97% of the 3.1 million returns received this year have been e-filed. The average refund for e-filers is issued in 22 days, while refunds for paper filers can take 8 to 12 weeks. “Most New Yorkers are eligible for free e-filing options that result in fewer errors on returns and faster refunds,” said Commissioner Thomas H. Mattox. “Visit our Web site to learn more about the options available to you.” Thus far, $1 billion in refunds have been issued, compared to $669 million last year. The average refund to date is $906. Free tax preparation and e-filng options
With the addition of Web File, 85% of New Yorkers can prepare and e-file their income taxes for free. Connect with the Tax Department |
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