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Indiana imposes a flat 3.05% tax on the personal income. [1] The base taxable amount is equal to the adjusted gross income determined on a payers federal tax return. The taxable amount can be lowered by applying several income tax deductions. The largest deductions in 2013 were a $3,000 deduction for rent paid and a deduction equal to the ...
The completed worksheet will calculate the portion of the refund that is taxable. This is the amount that you will need to report to the IRS when you file your taxes for the current year. You will ...
But before not adding the refund, “you should consult IRS Publication 525, Taxable and Nontaxable Income, or your tax professional regarding the federal tax treatment of these payments ...
In Indiana, interest will be added to any amount you owe after April 15, ... You can check the status of your Indiana state tax refund online at the state's INTIME portal, or by calling the ...
Such tax is generally based on business income of the corporation apportioned to the state plus nonbusiness income only of resident corporations. Most state corporate income taxes are imposed at a flat rate and have a minimum amount of tax. Business taxable income in most states is defined, at least in part, by reference to federal taxable income.
Section 3313: Educational assistance - Payment and amount. In general, veterans may receive monetary assistance to pursue an approved program of education as follows: (i) payments covering the established charges of the program, (ii) a housing stipend based on a servicemember of pay grade E-5 with dependants in the area of the educational ...
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The Stellar Communities [2] program is a multi-agency partnership designed to fund comprehensive community development projects in Indiana's smaller communities. The Indiana Office of Community and Rural Affairs (OCRA), the Indiana Housing & Community Development Authority (IHCDA), [3] and the Indiana Department of Transportation (INDOT), along with the State Revolving Fund, are participating ...