Earned income credit in Indiana
Varies
Does Indiana Have an Earned Income Tax Credit?
Short answer: Yes: Indiana offers the Indiana Earned Income Credit, 10% of the federal EITC (refundable). Must claim the federal EITC. Calculated under the federal tax code as of Jan 1, 2023; later federal changes are not adopted automatically. Claim on Schedule IN-EIC.
Claim the federal EITC on Form 1040 (with Schedule EIC if you have qualifying children); state credits go on your state return.
Records to keep: Keep your state return, W-2s and 1099s (1099-R, SSA-1099), and any state credit worksheets. Check your state revenue department's current-year instructions before you file.
Earned income credit in Indiana
Varies
Individuals / Personal Taxes
Yes: Indiana offers the Indiana Earned Income Credit, 10% of the federal EITC (refundable). Must claim the federal EITC. Calculated under the federal tax code as of Jan 1, 2023; later federal changes are not adopted automatically. Claim on Schedule IN-EIC.
Business justification
Yes: Indiana offers the Indiana Earned Income Credit, 10% of the federal EITC (refundable). Must claim the federal EITC. Calculated under the federal tax code as of Jan 1, 2023; later federal changes are not adopted automatically. Claim on Schedule IN-EIC. Claim the federal EITC on Form 1040 (with Schedule EIC if you have qualifying children); state credits go on your state return.
Category
- Personal Tax Deductions