Indiana Indiana's Earned Income Credit
Extracted from PDF file 2023-indiana-form-in-eic.pdf, last modified March 2021Indiana's Earned Income Credit
Schedule IN-EIC: Indiana’s Earned Income Credit Schedule IN-EIC Form IT-40/IT-40PNR You must enclose if claiming this credit on Forms IT-40 or IT-40PNR. State Form 49469 (R23 / 9-23) Name(s) shown on Form IT-40/IT-40PNR 2023 Enclosure Sequence No. 9 Your Social Security Number Section A: Figure Your Indiana Earned Income Credit A-1 Enter the earned income credit from your federal income tax return ________________________ A-1 .00 A-2 Enter your earned income. (see instructions) __________________________________________ A-2 .00 A-3 Enter your Indiana earned income credit (Multiply Line A-1 by 10%). Carry this total to Form IT-40, Schedule 5, line 6, or Form IT-40PNR, Schedule F, line 6, Box A__________________ Indiana Earned Income Credit_ A-3 .00 Section B: Complete if you claimed one or more children on your federal Schedule EIC. See instructions. Enter each child’s information First name Child 1 Child 2 Child 3 Last name Child’s Social Security Number(s) Enter letter (e.g., A, B, C, etc.) in boxes below that describes each child’s relationship, age and location to you. B-1 Relationship: A Your Child B Grandchild C Stepchild D Foster Child (not related) E Other (related foster child, or other related child - see instructions) Child 1 Child 2 Child 3 B-2 Age: A Under age 18 B Age 18 C Age 19 - 24 and full-time student D Age 19 or older and totally disabled B-3 Location: A Child lived with you at least ½ of the year B Child was born or died in 2023, and lived with you while alive in 2023. Important: You must complete and attach this schedule to your Form IT-40 or IT-40PNR when claiming the earned income credit. *17223111694* 17223111694 Instructions for Schedule IN-EIC Here are some important things to know when figuring this credit: • You must be eligible for and have claimed an EIC on your federal tax return. If not, STOP. You are not eligible to claim Indiana’s EIC. • Your income on Form IT-40, line 1 (or Indiana’s Schedule A, line 36A), must be less than $63,398. If it is the same amount or more, STOP. You are not eligible to claim Indiana’s EIC. • Schedule IN-EIC must be completed and enclosed by all filers claiming the EIC. • Indiana’s Publication EIC is retired beginning with tax year 2023. Social Security Number. Your qualifying child must have a valid Social Security number (SSN) unless the child was born and died in 2023.* Caution: You must know what your federal earned income credit is before you can figure your Indiana EIC. If you don’t know what your federal EIC is by Indiana’s filing due date, go ahead and file your Indiana return without claiming the EIC. Then, when you find out what your federal EIC is, file an amended (corrected) Indiana tax return to claim your Indiana EIC. In Section B-1, the ‘Foster Child (not related)’ box (line D) is an unrelated child who was placed with you by an authorized placement agency. If, during 2023: • you were an Indiana resident, and/or • had income from Indiana sources, and • you claimed the EIC on your federal income tax return, Form 1040, then you may be eligible to claim Indiana’s EIC. *Exception. If your qualified dependent child was born and died in 2023 and you do not have a SSN for the child, enter the word “Died” in the third (largest) Social Security Number box associated with your child’s name. You must keep a copy of the child’s birth certificate, death certificate and/or hospital records with your records as the Indiana Department of Revenue (DOR) may request this information at a later date. The documents must show the child was born alive. Caution: Schedule IN-EIC must be filed with your tax return in order for you to be eligible to claim Indiana’s EIC. Important: Enter information for the same child (or children) you entered on your federal Schedule EIC wherever possible. Example. Marie has four children, three of whom she claimed for federal EIC purposes. All three children meet the requirements to be a qualified child within Indiana. Since Marie may claim up to three qualified children on this schedule, she should list the three qualified children she claimed for federal EIC purposes. In Section B-1, the ‘Other’ box (line E) includes a related foster child, or your brother, sister, stepbrother, stepsister, or a descendant of your brother and/or sister, etc. (for example, your niece or nephew), whom you cared for as your own child. Exception Example Section A – Figure Your Indiana Earned Income Credit Line A-1. Enter the amount of earned income credit from your federal income tax return. Line A-2. Enter your earned income that you used to determine your federal earned income tax credit. Line A-3. Multiply Line A-1 by 10% (.10). Section B – Qualifying Child (Children) You must complete Section B if you are claiming one, two, or three children when figuring Indiana’s EIC. *24100000000* 24100000000 Died
Form IN-EIC
More about the Indiana Form IN-EIC Individual Income Tax Tax Credit TY 2023
If you are eligible for the Federal earned income tax credit (EITC), you can use form IN-EIC to obtain the Indiana Earned Income Credit.
We last updated the Indiana's Earned Income Credit in February 2024, so this is the latest version of Form IN-EIC, fully updated for tax year 2023. You can download or print current or past-year PDFs of Form IN-EIC directly from TaxFormFinder. You can print other Indiana tax forms here.
Other Indiana Individual Income Tax Forms:
TaxFormFinder has an additional 69 Indiana income tax forms that you may need, plus all federal income tax forms.
Form Code | Form Name |
---|---|
Form ES-40 | Estimated Tax Payment Voucher |
IT-40 Form | IT-40 Income Tax Form |
Form SC-40 | Unified Tax Credit for the Elderly |
IT-40 Booklet | IT-40 Income Tax Instruction Booklet |
Schedule 2 | Deductions |
View all 70 Indiana Income Tax Forms
Form Sources:
Indiana usually releases forms for the current tax year between January and April. We last updated Indiana Form IN-EIC from the Department of Revenue in February 2024.
Form IN-EIC is an Indiana Individual Income Tax form. States often have dozens of even hundreds of various tax credits, which, unlike deductions, provide a dollar-for-dollar reduction of tax liability. Some common tax credits apply to many taxpayers, while others only apply to extremely specific situations. In most cases, you will have to provide evidence to show that you are eligible for the tax credit, and calculate the amount of the credit to which you are entitled.
About the Individual Income Tax
The IRS and most states collect a personal income tax, which is paid throughout the year via tax withholding or estimated income tax payments.
Most taxpayers are required to file a yearly income tax return in April to both the Internal Revenue Service and their state's revenue department, which will result in either a tax refund of excess withheld income or a tax payment if the withholding does not cover the taxpayer's entire liability. Every taxpayer's situation is different - please consult a CPA or licensed tax preparer to ensure that you are filing the correct tax forms!
Historical Past-Year Versions of Indiana Form IN-EIC
We have a total of thirteen past-year versions of Form IN-EIC in the TaxFormFinder archives, including for the previous tax year. Download past year versions of this tax form as PDFs here:
TaxFormFinder Disclaimer:
While we do our best to keep our list of Indiana Income Tax Forms up to date and complete, we cannot be held liable for errors or omissions. Is the form on this page out-of-date or not working? Please let us know and we will fix it ASAP.