Indiana § 6-3-2-19 Distributions for higher education; exemptions

Indiana Statutes

§ 6-3-2-19 — Distributions for higher education; exemptions

Indiana § 6-3-2-19

Art. 3STATE INCOME TAXES

Ch. 2Imposition of Tax and Deductions

This text of Indiana § 6-3-2-19 (Distributions for higher education; exemptions) is published on Counsel Stack Legal Research, covering Indiana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Ind. Code § 6-3-2-19 (2026).

Text

(a)As used in this section, "account beneficiary" has the meaning set forth in IC 21-9-2-3.

(b)As used in this section, "account owner" has the meaning set forth in IC 21-9-2-4.

(c)As used in this section, "individual account" has the meaning set forth in IC 21-9-2-2.

(d)As used in this section, "qualified higher education expenses" has the meaning set forth in IC 21-9-2-19.5.

(e)Distributions from an individual account used to pay qualified higher education expenses are exempt from the adjusted gross income tax imposed by IC 6-3-1 through IC 6-3-7 as income of an account beneficiary or an account owner.

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(a) As used in this section, "account
beneficiary" has the meaning set forth in IC 21-9-2-3.
(b) As used in this section, "account owner" has the meaning set
forth in IC 21-9-2-4.
(c) As used in this section, "individual account" has the meaning set
forth in IC 21-9-2-2.
(d) As used in this section, "qualified higher education expenses"
has the meaning set forth in IC 21-9-2-19.5.
(e) Distributions from an individual account used to pay qualified
higher education expenses are exempt from the adjusted gross income
tax imposed by IC 6-3-1 through IC 6-3-7 as income of an account
beneficiary or an account owner.