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New Member
posted Jan 18, 2024 8:20:31 PM

How do I claim a credit for the Indiana ABLE account contributions?

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1 Replies
Level 15
Jan 19, 2024 6:49:29 AM

That doesn't start until next year (2024 tax filing). "Beginning taxable year 2024, a state tax credit of 20% worth up to $500 will be available to any Indiana taxpayer who contributes into an Indiana ABLE account."

 

Reference:

https://www.ablenrc.org/state-review/indiana/