Monday is the deadline for filing state and federal income taxes.
The Rhode Island Division of Taxation says state returns are coming in slightly slower than last year because of last minute changes to the federal tax code. As of last week, 75 percent of Rhode Islanders had filed. That’s down about three percent from last year. However, refunds are up three percent to an average of $530.
Neil Downing, a chief revenue agent for the state Division of Taxation, said people who file late pay significant penalties.
Rhode Island’s top tax official says more people are filing their returns electronically than ever before. The wait time for a refund may have something to do with it. E-filed returns are running four percent higher than last year. State tax administrator David Sullivan says by the time the tax season’s over, eighty percent of the state’s taxpayers will have filed electronically.
Officials with the Rhode Island Division of Taxation say it should be a little easier to track the progress of your income tax refund this year.
The “Where’s my refund” tool on the division’s website is being upgraded to give taxpayers more detailed information on why the refund is held up. In the past it often said ‘held for review’ – sometimes for weeks.
Neil Downing, a chief revenue agent, says it’s part of the division’s ongoing efforts to improve customer service.