Indiana § 6-3.1-18-9 Documentation for credit; form; contents; notification of credit
allowable

Indiana Statutes

§ 6-3.1-18-9 — Documentation for credit; form; contents; notification of credit allowable

Indiana § 6-3.1-18-9

Art. 3.1STATE TAX LIABILITY CREDITS

Ch. 18Individual Development Account Tax Credit

This text of Indiana § 6-3.1-18-9 (Documentation for credit; form; contents; notification of credit allowable) 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 § 6-3.1-18-9 (2026).

Text

(a)The community development corporation or community based organization, on behalf of a business firm or person that desires to claim a tax credit as provided in this chapter, shall file with the authority, in the form approved by the authority, documentation stating the amount of the qualified contribution that would qualify for a tax credit, and the amount allocated to the business firm or person to be claimed as a credit.

(b)The department shall promptly notify a business firm or person whether, or the extent to which, the tax credit is allowable in the state fiscal year in which the tax return claiming the credit is filed, as provided in section 6 of this chapter.

(c)The department shall consider documentation from the authority as proof of payment, setting forth that the amount to

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(a) The community development corporation
or community based organization, on behalf of a business firm or
person that desires to claim a tax credit as provided in this chapter,
shall file with the authority, in the form approved by the authority,
documentation stating the amount of the qualified contribution that
would qualify for a tax credit, and the amount allocated to the business
firm or person to be claimed as a credit.
(b) The department shall promptly notify a business firm or person
whether, or the extent to which, the tax credit is allowable in the state
fiscal year in which the tax return claiming the credit is filed, as
provided in section 6 of this chapter.
(c) The department shall consider documentation from the authority
as proof of payment, setting forth that the amount to be claimed as a
credit under this chapter has been paid to a community development
corporation or a community based organization as a qualified
contribution to the fund of the community development corporation or
the community based organization fund for the current state fiscal year,
or permanently set aside in a special account to be used solely for this
fund.