INDIANA Renter's Deduction
You may be able to deduct up to $3,000 of the rent paid on your Indiana home.
You may be able to take this deduction if:
Your "principal place of residence" is the place where you have your true, fixed, permanent home and where you intend to return after being absent.
Rent paid for summer homes or vacation homes is not deductible.
You cannot claim the renter's deduction if the rental property was exempt from Indiana property tax. Examples of this type of property are:
How much rent can I take off? You can deduct up to $3,000 or the amount of rent paid, whichever is less.
For more information about this deduction, view Information Bulletin #38.
INDIANA Renter's Deduction
You may be able to deduct up to $3,000 of the rent paid on your Indiana home.
You may be able to take this deduction if:
Your "principal place of residence" is the place where you have your true, fixed, permanent home and where you intend to return after being absent.
Rent paid for summer homes or vacation homes is not deductible.
You cannot claim the renter's deduction if the rental property was exempt from Indiana property tax. Examples of this type of property are:
How much rent can I take off? You can deduct up to $3,000 or the amount of rent paid, whichever is less.
For more information about this deduction, view Information Bulletin #38.