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Indiana Credits & Donations
Extracted from PDF file 2023-indiana-schedule-5.pdf, last modified March 2021Credits & Donations
Schedule 5 / Schedule IN-DONATE Form IT-40, State Form 53998 Schedule 5: Credits 2023 (R14 / 9-23) Name(s) shown on Form IT-40 Enclosure Sequence No. 04 Your Social Security Number Round all entries 1. Indiana state tax withheld: See instructions____________________________________________ 1 .00 2. Indiana county tax withheld: See instructions__________________________________________ 2 .00 3. Pass Through Entity Tax Credit _____________________________________________________ 3 .00 4. Estimated tax paid for 2023: include any extension payment made with Form IT-9_____________ 4 .00 5. Unified tax credit for the elderly_____________________________________________________ 5 .00 6. Earned income credit: enclose Schedule IN-EIC and enter amount from line A-3______________ 6 .00 7. Lake County residential income tax credit_____________________________________________ 7 .00 8. Economic development for a growing economy credit. Enter amount from Schedule IN-EDGE, line 19 (enclose schedule)_________________________________________________________ 8 .00 9. Economic development for a growing economy retention credit. Enter amount from Schedule IN-EDGE-R, line 19 (enclose schedule)_______________________________________ 9 .00 10. Headquarters relocation credit (refundable portion - see instructions)_______________________ 10 .00 11. Adoption Credit_________________________________________________________________ 11 .00 12. Reserved for future use___________________________________________________________ 12 .00 13. Add lines 1 through 12. Enter total here and on Form IT-40, line 12______________ Total Credits .00 13 Schedule IN-DONATE Important: The amount on line 2 cannot exceed the amount on Form IT-40, line 16. 1. Donations: List fund name, 3-digit code and amount to be donated (see instructions) a. Enter fund name code no. 1a .00 b. Enter fund name code no. 1b .00 c. Enter fund name code no. 1c .00 2. Add lines 1a through 1c. Enter total here and on Form IT-40, line 17 Total Donations 2 *23123111694* 23123111694 .00
Schedule 5
More about the Indiana Schedule 5 Individual Income Tax Tax Credit TY 2023
File a completed Schedule 5 if you wish to claim itemized tax credits on your Form IT-40. Also known as Schedule IN-DONATE.
We last updated the Credits & Donations in January 2024, so this is the latest version of Schedule 5, fully updated for tax year 2023. You can download or print current or past-year PDFs of Schedule 5 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 5 from the Department of Revenue in January 2024.
Schedule 5 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 Schedule 5
We have a total of thirteen past-year versions of Schedule 5 in the TaxFormFinder archives, including for the previous tax year. Download past year versions of this tax form as PDFs here:
2017 Schedule 5
Schedule 5 (09-12).indd
2016 Schedule 5
Schedule 5 (09-09).indd
2015 Schedule 5
Schedule 5 (09-12).indd
2014 Schedule 5
Schedule 5 (09-12).indd
2013 Schedule 5
Schedule 5 (09-12).indd
2012 Schedule 5
Schedule 5 (09-12).indd
2011 Schedule 5
Schedule 5 (09-11).indd
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