Indiana Exemptions
Extracted from PDF file 2023-indiana-schedule-3.pdf, last modified February 2020Exemptions
Schedule 3: Exemptions Schedule 3 Form IT-40, State Form 53997 2023 (R14 / 9-23) Name(s) shown on Form IT-40 Enclosure Sequence No. 03 Your Social Security Number Complete and enclose Schedule IN-DEP: Dependent Information and Additional Dependent Child Information if you are claiming dependents on lines 2 and/or 3 below. Complete and enclose Schedule IN-DEP-A: Adopted Dependent Information if you are claiming dependents on line 6 below. Round all entries 1. Enter $2000 if you are married filing jointly; otherwise, enter $1000_________________________ 1 .00 2. Enter the number of dependents listed on Schedule IN-DEP, Box 5 You MUST enclose Schedule IN-DEP. x $1000__________ 2 .00 3. You may claim an additional exemption for each qualifying dependent child: • who is a son, stepson, daughter, stepdaughter, foster child and/or child for whom you are a legal guardian; • who was under the age of 19 by Dec. 31, 2023; or • who is a full-time student who was under the age of 24 by Dec. 31, 2023; and • who you are eligible to claim as a dependent on line 2 above. Enter the number of additional dependents listed on Schedule IN-DEP, Box 6. x $1500_____________________________ 3 .00 4. Place “X” in box(es) below if, by Dec. 31, 2023 You were age 65 or older and/or blind Spouse was 65 or older and/or blind Total number of boxes with Xs x $1000______________________________________ 4 .00 5. If age 65 or older, enter amount from Form IT-40, line 1. • If filing as married filing separately and this amount is less than $20,000, place “X” in the “You were age 65 or older” box below. • For all other filers age 65 or older, if this amount is less than $40,000, place “X” in appropriate box(es) below. You were age 65 or older Spouse was 65 or older Total number of boxes with Xs x $500________________________________________ 6. Enter the number of additional adopted child exemptions listed on Schedule IN-DEP-A, Box 6 You MUST enclose Schedule IN-DEP-A. x $3000_________________________ 5 .00 6 .00 7. Add lines 1, 2, 3, 4, 5 and 6. Enter here and on Form IT-40, line 6___________Total Exemptions 7 *23023111694* 23023111694 .00
Schedule 3
More about the Indiana Schedule 3 Individual Income Tax TY 2023
File Schedule 3 to itemize your tax exemptions. Complete and enclose Schedule IN-DEP if claiming any dependent exemptions on Schedule 3.
We last updated the Exemptions in January 2024, so this is the latest version of Schedule 3, fully updated for tax year 2023. You can download or print current or past-year PDFs of Schedule 3 directly from TaxFormFinder. You can print other Indiana tax forms here.
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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 Schedule 3 from the Department of Revenue in January 2024.
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 Schedule 3
We have a total of twelve past-year versions of Schedule 3 in the TaxFormFinder archives, including for the previous tax year. Download past year versions of this tax form as PDFs here:
Schedule 3 & 4 (09-12).indd
Schedule 3 & 4 (09-09).indd
Schedule 3 & 4 (09-12).indd
Schedule 3 & 4 (09-12).indd
Schedule 3 & 4 (09-11).indd
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