Indiana Deductions

*Renter’s Deduction *Homeowner’s Residential Property Tax Deduction *State Tax Refund Reported on Federal Return *Interest on U.S. Government Obligations Deduction *Taxable Social Security and/or Railroad Retirement Benefits Deduction *Military Service Deduction (including the National Guard and reserve component of the armed forces) *Military Retirement Income and/or [...]

Indiana Tax Credits

Indiana State and County Tax Withheld Estimated Tax Paid Unified Tax Credit for the Elderly Indiana’s Earned Income Credit (EIC) Lake County (Indiana) Residential Income Tax Credit Economic Development for a Growing Economy Credit (EDGE) Economic Development for a Growing Economy Retention Credit (EDGE-R) Headquarters Relocation Credit (refundable [...]

Indiana Disability Retirement Deduction

Disability Retirement Deduction 602 To take this deduction you must have been: • Permanently and totally disabled at the time of retirement, • Retired on disability before the end of the tax year, and • Received disability retirement income during the tax year. If you meet these qualifications, you must complete Schedule IT-2440 and have it signed by your doctor to claim this [...]

Indiana County Selection

County where you lived defined The county where you lived is the county where you maintained your home on Jan 1. If you had more than one home in Indiana on this date, then your county of residence as of Jan. 1 (of the tax year), was:- Where you were registered to vote. If this did not apply, then your county of residence was- Where your personal automobile was registered. If this did not [...]

Form 8889 Health Savings Account

If contributions (other than employer contributions) were made to your health savings account, you may be able to take this deduction. Qualifying for an HSA To be an eligible individual and qualify for an HSA, you must meet the following requirements. You have a high deductible health plan (HDHP), described later, on the first day of the month. You have no other health coverage except what [...]