Indiana § 6-3-2-28 Deduction for qualified health care sharing expenses

Indiana Statutes

§ 6-3-2-28 — Deduction for qualified health care sharing expenses

Indiana·Art. 3 STATE INCOME TAXES·Ch. 2 Imposition of Tax and Deductions

(a)The following definitions apply throughout this section:

(1)"Health care sharing ministry" has the meaning set forth in IC 27-1-2.1-1.

(2)"Qualified health care sharing expenses" means the amount paid by a qualified individual for membership in a health care sharing ministry.

(3)"Qualified individual" means an individual who is:

(A)a resident of Indiana; and

(B)a member of a health care sharing ministry for at least one

(1)month during a taxable year for which the qualified individual claims a deduction under this section.

(b)Each taxable year, a qualified individual is entitled to a deduction from the qualified individual's adjusted gross income for the taxable year equal to the total amount of qualified health care sharing expenses paid by the qualified individual during the t

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(a) The following definitions apply throughout
this section:
(1) "Health care sharing ministry" has the meaning set forth in IC 27-1-2.1-1.
(2) "Qualified health care sharing expenses" means the amount
paid by a qualified individual for membership in a health care
sharing ministry.
(3) "Qualified individual" means an individual who is:
(A) a resident of Indiana; and
(B) a member of a health care sharing ministry for at least one
(1) month during a taxable year for which the qualified
individual claims a deduction under this section.
(b) Each taxable year, a qualified individual is entitled to a
deduction from the qualified individual's adjusted gross income for the
taxable year equal to the total amount of qualified health care sharing
expenses paid by the qualified individual during the taxable year.
(c) To receive the deduction allowed by this section, a qualified
individual must claim the deduction on the qualified individual's
annual state tax return or returns in the manner prescribed by the
department. The qualified individual shall submit to the department
any information that the department determines is necessary to
calculate the amount of the deduction allowed by this section.

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