See Departmental Notice 2 for more information. As a result, Indiana taxpayers will be able to claim the credit on their tax return for approved donations made after December 31, Prior to December 31, , DOR will post the application online.
After you receive approval of your application from DOR, proof of donation must be provided to DOR within 30 days of approval.
For the period July 1, , to June 30, , the following rates shall be in effect:. See Departmental Notice 43 for more information. Find information for certified software companies, looking to provide online tax filing for Indiana taxpayers. DOR IN. Find an IN. Learn More. Scroll for more. That money will be divided evenly among taxpayers, but how much money each Hoosier will get back depends on how many Hoosiers file taxes in , a number the state will not know until later this year. Under Indiana law, if Indiana's reserves are Read more: Here's where things stand with federal unemployment benefits in Indiana.
The last time Hoosiers received an automatic taxpayer refund was in due to the budget signed by former Gov. Mitch Daniels. Back in , however, the refund was intentional. This time, Gov. Eric Holcomb's administration and lawmakers had no plans to trigger an automatic refund, and instead dedicated money toward one-time uses when the April budget forecast came back rosier than expected.
Child Tax Credit: Parents are eligible for a new child tax credit starting July Here's what to know. It's a far cry from last year's annual financial report.
Chris Johnston, Office of Management and Budget director, said he did not expect Indiana to recover so quickly from the economic downturn.
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