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Income tax rate for the state of Indiana is 3.15% — Second-lowest (behind Ohio) in the IMOK (i.e., Illinois, Michigan, Ohio, Kentucky) border states quartet. All Indiana counties have a local ...
In addition to federal income tax collected by the United States, most individual U.S. states collect a state income tax. Some local governments also impose an income tax, often based on state income tax calculations. Forty-one states, the District of Columbia, and many localities in the United States impose an income tax on individuals. Nine ...
You can check the status of your Indiana state tax refund online at the state's INTIME portal, or by calling the automated refund line at 317-232-2240. You'll need to provide a Social Security ...
In 2014, the Indiana state legislature passed a law that cut the corporate income tax from 8.50% in 2014 to 6.25% in 2016, with further decreases to be phased in until the rate falls to 4.9% in 2022. [5] Indiana is the only state that imposes corporate income taxes based on fiscal year instead of calendar year.
In 2010, the median income for a household in the county was $47,697 and the median income for a family was $64,024. Males had a median income of $50,358 versus $32,334 for females; the per capita income for the county was $26,860; and approximately 7.7% of families and 10.4% of the population were below the poverty line , including 15.8% of ...
Indiana's more than 12,000 National Guardsmen will no longer pay state taxes for their service-related income beginning with their 2023 tax returns. A state law — House Bill 1034 — is in ...
The treasurer's constitutional powers make him the chief financial officer of the state government and give him control over all of the state's financial assets. Because the state operates with a large reserve fund, this gives the treasurer control over a large amount of money. In 2007, the total state portfolio was valued at over $5 billion. [2]
The government of Indiana is established and regulated by the Constitution of Indiana. The state-level government consists of three branches: the judicial branch, the legislative branch, and the executive branch. The three branches share power and jointly govern the state of Indiana. County and local governments are also constitutional bodies ...