Indiana Statutes
§ 6-3-2-6 — Deduction; rent payments
(a)Each taxable year, an individual who rents a
dwelling for use as the individual's principal place of residence may
deduct from the individual's adjusted gross income (as defined in IC 6-3-1-3.5(a)), the lesser of:
(1)the amount of rent paid by the individual with respect to the
dwelling during the taxable year; or
(2)three thousand dollars ($3,000).
(b)Notwithstanding subsection (a):
(1)a married couple filing a joint return for a particular taxable
year may not claim a deduction under this section of more than
three thousand dollars ($3,000); and
(2)a married individual filing a separate return for a particular
taxable year may not claim a deduction under this section of more
than one thousand five hundred dollars ($1,500).
(c)The deduction provided by this section does not appl
Free access — add to your briefcase to read the full text and ask questions with AI
Indiana § 6-3-2-6 (Deduction; rent payments) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Nearby Sections
15
§ 6-1.1-1-1
Applicability§ 6-1.1-1-1.5
"Assessing official"§ 6-1.1-1-10
"Person"§ 6-1.1-1-11
"Personal property"§ 6-1.1-1-12
"Political subdivision"§ 6-1.1-1-13
Repealed§ 6-1.1-1-14
"Property taxation"§ 6-1.1-1-15
"Real property"§ 6-1.1-1-16
"School corporation"§ 6-1.1-1-17
"Special assessment"§ 6-1.1-1-18
"State agency"§ 6-1.1-1-19
"Tangible property"§ 6-1.1-1-2
"Assessment date"§ 6-1.1-1-20
"Taxing district"§ 6-1.1-1-21
"Taxing unit"