WebSimplified form for low income seniors Exemptions Indiana allows: A $1,000 exemption for both you and your spouse (if married filing jointly), and for each dependent you are qualified to claim; A $1,500 exemption for certain dependent children; A $1,000 exemption for you … WebSenior citizens, as well as all homeowners in Indiana, can claim a tax deduction if their home serves as their primary residence.This exemption provides a deduction in assessed property value. The deduction amount equals either 60 percent of the assessed value of the home or a maximum of $45,000. Contents1 Who is exempt from paying […]

Credit for the Elderly or the Disabled at-a-Glance - IRS tax forms

WebAn offi website by the Indiana State Government. Accessibility Settings. Language Translate. Governor Eric J. Holcomb. Indiana Department of Proceeds ... Pay Taxes Electronically - View the Expand; Check the Station of Your Refund - … WebAll About Indiana Property Tax Exemptions for Seniors. Seniors are one of the groups that need property tax reduction the most, as they usually pay their tax expenses with their … the company lexington

DOR: Tax Credits / 2024 Individual Income Tax Forms

WebFORM SC-40 State Form 44404 (R19 / 9-20) 2024 Due April 15, 2024 Taxpayer’s date of death Spouse's date of death 1. Check box if you were age 65 or older by Dec. 31, 2024 … Web17 jan. 2024 · The Indiana Department of Revenue lists the following resources for seniors and low-income taxpayers in Indiana. The AARP Foundation Tax-Aide program focuses on helping low- and moderate-income people, with special attention to those over age 60.; The IRS Volunteer Income Tax Assistance (VITA) and the Tax Counseling for the Elderly … Web17 nov. 2024 · As described below, Social Security is exempt from the 3.23% flat state income tax in Indiana, while other forms of retirement income are not. The state’s … the company lee