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IT 2440 - Indiana Disability Retirement Deduction
Can you use the IT2440 credit every year thereafter or only in the first year of disability retirement?
Answer
June 6, 2019
You can receive this credit each year if you meet the requirements.
See page one of the instructions for Form IT-2240 at https://forms.in.gov/Download.aspx?id=12522
To qualify for this deduction you must have:
- Been permanently and totally disabled at the time of your retirement;
- Retired on disability; and
- Received disability retirement income.
Read more about this Indiana deduction at https://secure.in.gov/dor/4735.htm#disability
