Indiana § 6-3-4.5-14 Changes to a report of final partnership adjustments; timing

Indiana Statutes

§ 6-3-4.5-14 — Changes to a report of final partnership adjustments; timing

Indiana § 6-3-4.5-14

Art. 3STATE INCOME TAXES

Ch. 4.5Partnership Audit and Administrative Adjustments

This text of Indiana § 6-3-4.5-14 (Changes to a report of final partnership adjustments; timing) 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 § 6-3-4.5-14 (2026).

Text

For purposes of this chapter and IC 6-8.1-5-2, an assessment may not be issued against a direct or indirect partner or partnership with regard to changes related to a report of final partnership adjustments if the report of proposed partnership adjustments is issued by the department to a partnership after the latest of:

(1)three (3) years after the due date of the partnership's return, including any valid extension granted under IC 6-8.1-6-1;

(2)three (3) years after the date the partnership's return is filed with the department;

(3)in the case of the partnership's underreporting of its adjusted gross income by more than twenty-five percent (25%), the periods provided in subdivisions (1) and (2) shall be six (6) years;

(4)if the partnership fails to file a return required under IC 6-3

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For purposes of this chapter and IC 6-8.1-5-2,
an assessment may not be issued against a direct or indirect partner or
partnership with regard to changes related to a report of final
partnership adjustments if the report of proposed partnership
adjustments is issued by the department to a partnership after the latest
of:
(1) three (3) years after the due date of the partnership's return,
including any valid extension granted under IC 6-8.1-6-1;
(2) three (3) years after the date the partnership's return is filed
with the department;
(3) in the case of the partnership's underreporting of its adjusted
gross income by more than twenty-five percent (25%), the periods
provided in subdivisions (1) and (2) shall be six (6) years;
(4) if the partnership fails to file a return required under IC 6-3-4-10, files a fraudulent return, or files a substantially blank
return, no time limit;
(5) in the case of a report of proposed partnership adjustments
arising from final federal adjustments:
(A) one hundred eighty (180) days after the date on which the
department receives the final federal adjustments from the
partnership in the manner prescribed by the department; or
(B) December 31, 2021;
whichever is later; or
(6) in the case of a report of proposed partnership adjustments
issued to a tiered partner that is a partnership as a direct or
indirect result of another partnership's report of final partnership
adjustments, final federal adjustments, or an amended return, one
hundred eighty (180) days after the applicable deadline for the
tiered partner or the date otherwise determined under this section
for the partnership, whichever is later.