reglab/housing_qa huggingface dataset:
IN Code § 6-3-2-11 (2021)
2021 Indiana Code|Title 6. Taxation|Article 3. State Income Taxes|Chapter 2. Imposition of Tax and Deductions|6-3-2-11. Deductions From Adjusted Gross Income; Federal Employee Paid Leave

Sec. 11. (a) An individual is entitled to a deduction from the individual's adjusted gross income for the taxable year if the individual:(1) is an employee of the federal government during the taxable year and the year preceding the taxable year;(2) has used paid leave from employment as an employee of the federal government during the year preceding the taxable year; and(3) is entitled to an itemized deduction under the Internal Revenue Code for the taxable year because the individual bought back the leave used by the individual during the year preceding the taxable year.(b) The amount of the deduction for a taxable year may not exceed the lesser of:(1) the individual's itemized deduction that is allowed under the Internal Revenue Code for the taxable year; or(2) the individual's adjusted gross income for the taxable year.As added by P.L.91-1987, SEC.5.
IN Code § 6-3-2-12 (2021)
2021 Indiana Code|Title 6. Taxation|Article 3. State Income Taxes|Chapter 2. Imposition of Tax and Deductions|6-3-2-12. Foreign Source Dividends; Deduction; Computation

Sec. 12. (a) As used in this section, the term "foreign source dividend" means a dividend from a foreign corporation. The term:(1) includes any amount that a taxpayer is required to include in its gross income for a taxable year under Sections 951 and 951A of the Internal Revenue Code, and, for taxable years beginning after December 25, 2016, any amounts required to be included in adjusted gross income under this article after application of IC 6-3-1-3.5(b)(13), IC 6-3-1-3.5(d)(12), and IC 6-3-1-3.5(e)(12), but prior to application of this section; and(2) does not include any amount that is treated as a dividend under Section 78 of the Internal Revenue Code.The reference in subdivision (1) to amounts required to be included in adjusted gross income under this article after application of IC 6-3-1-3.5(b)(13), IC 6-3-1-3.5(d)(12), and IC 6-3-1-3.5(e)(12) applies in the same taxable year that the taxpayer takes into account the increase in Subpart F income as a result of Section 965(a) of the Internal Revenue Code and uses the deduction for deferred foreign income under Section 965(c) of the Internal Revenue Code.(b) A corporation that includes any foreign source dividend in its adjusted gross income for a taxable year is entitled to a deduction from that adjusted gross income. The amount of the deduction equals the product of:(1) the amount of the foreign source dividend included in the corporation's adjusted gross income for the taxable year; multiplied by(2) the percentage prescribed in subsection (c), (d), or (e), as the case may be.(c) The percentage referred to in subsection (b)(2) is one hundred percent (100%) if the corporation that includes the foreign source dividend in its adjusted gross income owns stock possessing at least eighty percent (80%) of the total combined voting power of all classes of stock of the foreign corporation from which the dividend is derived.(d) The percentage referred to in subsection (b)(2) is eighty-five percent (85%) if the corporation that includes the foreign source dividend in its adjusted gross income owns stock possessing at least fifty percent (50%) but less than eighty percent (80%) of the total combined voting power of all classes of stock of the foreign corporation from which the dividend is derived.(e) The percentage referred to in subsection (b)(2) is fifty percent (50%) if the corporation that includes the foreign source dividend in its adjusted gross income owns stock possessing less than fifty percent (50%) of the total combined voting power of all classes of stock of the foreign corporation from which the dividend is derived.As added by P.L.383-1987(ss), SEC.4. Amended by P.L.214-2018(ss), SEC.8.
IN Code § 6-3-2-13 (2021)
2021 Indiana Code|Title 6. Taxation|Article 3. State Income Taxes|Chapter 2. Imposition of Tax and Deductions|6-3-2-13. Export Income; Maritime Opportunity Districts; Limit on Deduction After December 31, 2015; Expiration

Sec. 13. (a) As used in this section, "export income" means the gross receipts from the sale, transfer, or exchange of tangible personal property destined for international markets that is:(1) manufactured at a plant located within a maritime opportunity district established under IC 6-1.1-40 (before its expiration); and(2) shipped through a port operated by the state.(b) As used in this section, "export sales ratio" means the quotient of:(1) the taxpayer's export income; divided by(2) the taxpayer's gross receipts from the sale, transfer, or exchange of tangible personal property, regardless of its destination.(c) As used in this section, "taxpayer" means a person or corporation that has export income.(d) The ports of Indiana established by IC 8-10-1-3 shall notify the department when a maritime opportunity district is established under IC 6-1.1-40 (before its expiration). The notice must include:(1) the resolution passed by the commission to establish the district; and(2) a list of all taxpayers located in the district.(e) The ports of Indiana shall also notify the department of any subsequent changes in the list of taxpayers located in the district.(f) A taxpayer is entitled to a deduction from the taxpayer's adjusted gross income in an amount equal to the lesser of:(1) the taxpayer's adjusted gross income; or(2) the product of the export sales ratio multiplied by the percentage set forth in subsection (g).(g) The percentage to be used in determining the amount a taxpayer is entitled to deduct under this section depends upon the number of years that the taxpayer could have taken a deduction under this section. The percentage to be used in subsection (f) is as follows:
IN Code § 6-3-2-14.1 (2021)
2021 Indiana Code|Title 6. Taxation|Article 3. State Income Taxes|Chapter 2. Imposition of Tax and Deductions|6-3-2-14.1. Prize Money Accruing Before July 1, 2002; Exemption

Sec. 14.1. Notwithstanding IC 6-3-4-8.2, a payment made after June 30, 2002, on prize money received from a winning lottery ticket purchased under IC 4-30 for a lottery held before July 1, 2002, is exempt from the adjusted gross income tax and supplemental net income tax (repealed) imposed by this article.As added by P.L.269-2003, SEC.5. Amended by P.L.250-2015, SEC.20.
IN Code § 6-3-2-16 (2021)
2021 Indiana Code|Title 6. Taxation|Article 3. State Income Taxes|Chapter 2. Imposition of Tax and Deductions|6-3-2-16. Transactions Between Taxable Entity and Unitary Taxpayer Subject to Ic 6-5.5

Sec. 16. If an entity is subject to taxation under this article and is a member of a unitary group of which a taxpayer subject to taxation under IC 6-5.5 is a member, all income and deductions attributable to transactions between the entity and the unitary taxpayer shall be eliminated in determining the amount of tax imposed under this article. This section does not prohibit the elimination of income and deductions between two (2) or more entities that are not members of a unitary group.As added by P.L.1-1990, SEC.77.
IN Code § 6-3-2-18 (2021)
2021 Indiana Code|Title 6. Taxation|Article 3. State Income Taxes|Chapter 2. Imposition of Tax and Deductions|6-3-2-18. Employee Medical Care Savings Accounts; Exemption Limited to Deposits Before January 1, 2016

Sec. 18. (a) As used in this section, "eligible medical expense" has the meaning set forth in IC 6-8-11-3.(b) As used in this section, "medical care savings account" has the meaning set forth in IC 6-8-11-6.(c) This subsection applies only to money deposited by an employer in a medical care savings account before January 1, 2016. Except as provided in subsection (g), the amount of money deposited by an employer in a medical care savings account established for an employee under IC 6-8-11 is exempt from taxation under IC 6-3-1 through IC 6-3-7 as income of the employee in the taxable year in which the money is deposited in the account.(d) Except as provided in subsection (g), the amount of money that is:(1) withdrawn from a medical care savings account established for an employee under IC 6-8-11; and(2) either:(A) used by the administrator of the account for a purpose set forth in IC 6-8-11-13; or(B) used under IC 6-8-11-13 to reimburse an employee for eligible medical expenses that the employee has incurred and paid for medical care for the employee or a dependent of the employee;is exempt from taxation under IC 6-3-1 through IC 6-3-7 as income of the employee.(e) Except as provided in IC 6-8-11-11 and IC 6-8-11-11.5, in each taxable year, the amount of money that is:(1) withdrawn by an employee from a medical care savings account established under IC 6-8-11; and(2) used for a purpose other than the purposes set forth in IC 6-8-11-13;is income to the employee that is subject to taxation under IC 6-3-1 through IC 6-3-7.(f) If an employee withdraws money from the employee's medical care savings account under the circumstances set forth in IC 6-8-11-17(c), the interest earned on the balance in the account during the full tax year in which the withdrawal is made is subject to taxation under IC 6-3-1 through IC 6-3-7 as income of the employee.(g) A taxpayer that excluded or deducted an amount deposited into a medical care savings account from adjusted gross income under:(1) section 106 of the Internal Revenue Code;(2) section 220 of the Internal Revenue Code; or(3) any other section of the Internal Revenue Code;is not eligible for an additional exemption from adjusted gross income under this section.As added by P.L.92-1995, SEC.1 and P.L.93-1995, SEC.1. Amended by P.L.60-1997, SEC.3; P.L.250-2015, SEC.23.
IN Code § 6-3-2-19 (2021)
2021 Indiana Code|Title 6. Taxation|Article 3. State Income Taxes|Chapter 2. Imposition of Tax and Deductions|6-3-2-19. Distributions for Higher Education; Exemptions

Sec. 19. (a) As used in this section, "account beneficiary" has the meaning set forth in IC 21-9-2-3.(b) As used in this section, "account owner" has the meaning set forth in IC 21-9-2-4.(c) As used in this section, "individual account" has the meaning set forth in IC 21-9-2-2.(d) As used in this section, "qualified higher education expenses" has the meaning set forth in IC 21-9-2-19.5.(e) Distributions from an individual account used to pay qualified higher education expenses are exempt from the adjusted gross income tax imposed by IC 6-3-1 through IC 6-3-7 as income of an account beneficiary or an account owner.As added by P.L.15-2001, SEC.1.
IN Code § 6-3-2-22 (2021)
2021 Indiana Code|Title 6. Taxation|Article 3. State Income Taxes|Chapter 2. Imposition of Tax and Deductions|6-3-2-22. Deduction; Unreimbursed Education Expenditures

Sec. 22. (a) The following definitions apply throughout this section:(1) "Dependent child" means an individual who:(A) is eligible to receive a free elementary or high school education in an Indiana school corporation;(B) qualifies as a dependent (as defined in Section 152 of the Internal Revenue Code) of the taxpayer; and(C) is the natural or adopted child of the taxpayer or, if custody of the child has been awarded in a court proceeding to someone other than the mother or father, the court appointed guardian or custodian of the child.If the parents of a child are divorced, the term refers to the parent who is eligible to take the exemption for the child under Section 151 of the Internal Revenue Code.(2) "Education expenditure" refers to any expenditures made in connection with enrollment, attendance, or participation of the taxpayer's dependent child in a private elementary or high school education program. The term includes tuition, fees, computer software, textbooks, workbooks, curricula, school supplies (other than personal computers), and other written materials used primarily for academic instruction or for academic tutoring, or both.(3) "Private elementary or high school education program" means attendance at:(A) a nonpublic school (as defined in IC 20-18-2-12); or(B) a state accredited nonpublic school (as defined in IC 20-18-2-18.7);in Indiana that satisfies a child's obligation under IC 20-33-2 for compulsory attendance at a school. The term does not include the delivery of instructional service in a home setting to a dependent child who is enrolled in a school corporation or a charter school.(b) This section applies to taxable years beginning after December 31, 2010.(c) A taxpayer who makes an unreimbursed education expenditure during the taxpayer's taxable year is entitled to a deduction against the taxpayer's adjusted gross income in the taxable year.(d) The amount of the deduction is:(1) one thousand dollars ($1,000); multiplied by(2) the number of the taxpayer's dependent children for whom the taxpayer made education expenditures in the taxable year.A husband and wife are entitled to only one (1) deduction under this section.(e) To receive the deduction provided by this section, a taxpayer must claim the deduction on the taxpayer's annual state tax return or returns in the manner prescribed by the department.As added by P.L.92-2011, SEC.1. Amended by P.L.229-2011, SEC.85; P.L.92-2020, SEC.4.
IN Code § 6-3-2-24 (2021)
2021 Indiana Code|Title 6. Taxation|Article 3. State Income Taxes|Chapter 2. Imposition of Tax and Deductions|6-3-2-24. Income Tax Exemption; Olympic Medalist

Sec. 24. (a) This section applies to a taxable year beginning after December 31, 2013.(b) As used in this section, "international committee" refers to the International Olympic Committee and the International Paralympic Committee.(c) As used in this section, "Olympic games" refers to an international sports competition conducted every two (2) years by an international committee, including both the summer and winter games.(d) As used in this section, "Olympic medal" refers to a gold, silver, or bronze medal won by an individual competing at the Olympic games.(e) An individual is entitled to an exemption from the adjusted gross income tax imposed under this article equal to the sum of:(1) the value of an Olympic medal won during the taxable year; plus(2) the amount of income received during the taxable year from the United States Olympic Committee as prize money for winning the Olympic medal.As added by P.L.87-2014, SEC.3.
IN Code § 6-3-2-25 (2021)
2021 Indiana Code|Title 6. Taxation|Article 3. State Income Taxes|Chapter 2. Imposition of Tax and Deductions|6-3-2-25. Adjusted Gross Income Tax Deduction for Property Taxes Imposed for March 1, 2006, or January 15, 2007, Assessment

Sec. 25. (a) This section applies only to an individual who in 2008 paid property taxes that:(1) were imposed on the individual's principal place of residence for the March 1, 2006, assessment date or the January 15, 2007, assessment date;(2) are due after December 31, 2007; and(3) are paid on or before the due date for the property taxes.(b) As used in this section, "adjusted gross income" has the meaning set forth in IC 6-3-1-3.5.(c) An individual described in subsection (a) is entitled to a deduction from the individual's adjusted gross income for a taxable year beginning after December 31, 2007, and before January 1, 2009, in an amount equal to the amount determined in the following STEPS:STEP ONE: Determine the lesser of:(A) two thousand five hundred dollars ($2,500); or(B) the total amount of property taxes imposed on the individual's principal place of residence for the March 1, 2006, assessment date or the January 15, 2007, assessment date and paid in 2007 or 2008.STEP TWO: Determine the greater of zero (0) or the result of:(A) the STEP ONE result; minus(B) the total amount of property taxes that:(i) were imposed on the individual's principal place of residence for the March 1, 2006, assessment date or the January 15, 2007, assessment date;(ii) were paid in 2007; and(iii) were deducted from the individual's adjusted gross income under IC 6-3-1-3.5(a)(13) by the individual on the individual's state income tax return for a taxable year beginning before January 1, 2008.(d) The deduction under this section is in addition to any deduction that an individual is otherwise entitled to claim under IC 6-3-1-3.5(a)(13). However, an individual may not deduct under IC 6-3-1-3.5(a)(13) any property taxes deducted under this section.As added by P.L.220-2011, SEC.139. Amended by P.L.6-2012, SEC.50; P.L.250-2015, SEC.25.
IN Code § 6-3-2-26 (2021)
2021 Indiana Code|Title 6. Taxation|Article 3. State Income Taxes|Chapter 2. Imposition of Tax and Deductions|6-3-2-26. Deduction for Contributions to a Regional Development Authority Infrastructure Fund

Sec. 26. (a) This section applies only to taxable years beginning after December 31, 2017.(b) As used in this section, "fund" refers to the regional development authority infrastructure fund established by IC 36-9-43-9.(c) Each taxable year, a taxpayer that has made a contribution or gift to the fund is entitled to a deduction from the taxpayer's adjusted gross income for the taxable year in an amount equal to the amount of the federal income tax deduction allowable to the entity under Section 170 of the Internal Revenue Code for the taxable year for the taxpayer's contribution or gift to the fund.(d) The deduction provided by subsection (c) for a taxable year may apply to a contribution or a gift to the fund that was made in a different taxable year.(e) If a pass through entity that makes a contribution or gift to the fund is entitled to the deduction provided by subsection (c) for a taxable year, a shareholder, partner, fiduciary, or member of the pass through entity is entitled to an adjusted gross income tax deduction equal to:(1) the adjusted gross income tax deduction computed for the pass through entity for the taxable year; multiplied by(2) the percentage of the pass through entity's distributive income to which the shareholder, partner, fiduciary, or member is entitled.As added by P.L.229-2017, SEC.30.
IN Code § 6-3-3-1 (2021)
2021 Indiana Code|Title 6. Taxation|Article 3. State Income Taxes|Chapter 3. Credits|6-3-3-1. Amounts Deducted and Withheld

Sec. 1. (a) Subject to subsection (b), the amount deducted and withheld as tax under IC 6-3-4 or IC 6-5.5-2-8 during any taxable year shall be allowed as a credit to the taxpayer against the tax imposed on the taxpayer by IC 6-3-2.(b) For each taxable year, the credit provided to a taxpayer by subsection (a) is reduced to the extent that the amount deducted and withheld as tax under IC 6-3-4 or IC 6-5.5-2-8 during the taxable year is applied as a credit against the tax imposed by IC 6-5.5.Formerly: Acts 1963(ss), c.32, s.301; Acts 1965, c.233, s.15. As amended by P.L.2-1988, SEC.8; P.L.146-2020, SEC.25.
IN Code § 6-3-3-5 (2021)
2021 Indiana Code|Title 6. Taxation|Article 3. State Income Taxes|Chapter 3. Credits|6-3-3-5. Credit; Charitable Contribution; Postsecondary Educational Institutions; Educational Foundations

Sec. 5. (a) At the election of the taxpayer, there shall be allowed, as a credit against the adjusted gross income tax imposed by IC 6-3-1 through IC 6-3-7 for the taxable year, an amount (subject to the applicable limitations provided by this section) equal to fifty percent (50%) of the aggregate amount of charitable contributions made by such taxpayer during such year to postsecondary educational institutions located within Indiana (including any of its associated colleges in Indiana) or to any corporation or foundation organized and operated solely for the benefit of any postsecondary educational institution.(b) In the case of a taxpayer other than a corporation, the amount allowable as a credit under this section for any taxable year shall not exceed one hundred dollars ($100) in the case of a single return or two hundred dollars ($200) in the case of a joint return.(c) In the case of a corporation, the amount allowable as a credit under this section for any taxable year shall not exceed:(1) ten percent (10%) of such corporation's total adjusted gross income tax under IC 6-3-1 through IC 6-3-7 for such year (as determined without regard to any credits against that tax); or(2) one thousand dollars ($1,000);whichever is less.(d) A charitable contribution in Indiana qualifies for a credit under this section only if the charitable contribution is made to a postsecondary educational institution or a corporation or foundation organized for the benefit of a postsecondary educational institution that:(1) normally maintains a regular faculty and curriculum and normally has a regularly organized body of students in attendance at the place where its educational activities are carried on;(2) regularly offers education at a level above the twelfth grade;(3) regularly awards either associate, bachelors, masters, or doctoral degrees, or any combination thereof; and(4) is duly accredited by the North Central Association of Colleges and Schools, the Indiana state board of education, or the American Association of Theological Schools.(e) The credit allowed by this section shall not exceed the amount of the adjusted gross income tax imposed by IC 6-3-1 through IC 6-3-7 for the taxable year, reduced by the sum of all credits (as determined without regard to this section) allowed by IC 6-3-1 through IC 6-3-7.Formerly: Acts 1963(ss), c.32, s.305; Acts 1967, c.201, s.1; Acts 1969, c.326, s.4; Acts 1971, P.L.64, SEC.8. As amended by Acts 1978, P.L.45, SEC.1; Acts 1981, P.L.77, SEC.10; P.L.20-1984, SEC.4; P.L.66-1988, SEC.1; P.L.5-1995, SEC.6; P.L.1-2003, SEC.33; P.L.269-2003, SEC.6; P.L.2-2007, SEC.121.
IN Code § 6-3-3-13 (2021)
2021 Indiana Code|Title 6. Taxation|Article 3. State Income Taxes|Chapter 3. Credits|6-3-3-13. Adoption Credit

Sec. 13. (a) This section applies only to taxable years beginning after December 31, 2014.(b) Each taxable year, an individual who is eligible to claim the credit provided by Section 23 of the Internal Revenue Code on the individual's federal return for the taxable year is entitled to a credit against the individual's adjusted gross income tax liability for the taxable year equal to the lesser of:(1) the amount of the credit allowable under Section 23 of the Internal Revenue Code for each eligible child on the individual's federal return for the taxable year multiplied by ten percent (10%); or(2) one thousand dollars ($1,000) for each eligible child.(c) The credit provided by this section may not exceed the amount of the taxpayer's adjusted gross income tax liability for the taxable year, reduced by the sum of all credits for the taxable year that are applied before the application of the credit provided by this section. The amount of any unused credit under this section for a taxable year may not be carried forward to a succeeding taxable year, carried back to a preceding taxable year, or refunded.(d) If all or part of the credit allowed under Section 23 of the Internal Revenue Code for a taxable year beginning after December 31, 2014, is required to be claimed in, or carried forward to, a taxable year after the taxable year in which the credit is first allowed, the part carried forward and allowed to be claimed as a credit shall be treated as allowable under subsection (b). A credit first allowed under Section 23 of the Internal Revenue Code for a taxable year beginning before January 1, 2015, and required to be claimed in, or carried forward to, a taxable year after the taxable year in which the credit is first allowed shall not be treated as allowable under subsection (b).As added by P.L.132-2014, SEC.1.