{"data":{"id":"us-in/ic-6-3.1-20-4","jurisdiction":"us-in","citation":"IC 6-3.1-20-4","heading":"Entitlement to credit","body":"Sec. 4. (a) Except as provided in subsections (b) and (c), an individual is entitled to a credit under this chapter if:\n(1) the individual's Indiana income for the taxable year is less than eighteen thousand six hundred dollars ($18,600); and\n(2) the individual pays property taxes in the taxable year on a homestead that:\n(A) the individual:\n(i) owns; or\n(ii) is buying under a contract that requires the individual to pay property taxes on the homestead, if the contract or a memorandum of the contract is recorded in the county recorder's office; and\n(B) is located in a county having a population of more than four hundred thousand (400,000) and less than seven hundred thousand (700,000).\n(b) An individual is not entitled to a credit under this chapter for a taxable year for property taxes paid on the individual's homestead if the individual claims the deduction under IC 6-3-1-3.5(a)(13) for the homestead for that same taxable year.\n(c) In the case of a married individual filing a separate return, the income amount in subsection (a) shall be fifty percent (50%) of the amount listed in that subsection.","path":["TITLE 6. TAXATION","ARTICLE 3.1. STATE TAX LIABILITY CREDITS","Chapter 20. Income Tax Credit for Property Taxes Paid on Homesteads"],"source_url":"https://iga.in.gov/ic/2026/Title_6.html#6-3.1-20-4","current_through":"2026","vintage":"2026","retrieved_at":"2026-09-09T01:51:39Z","sha256":"fbc610a9bfd6df84de61bffd8c6966de5c21e0cb96acdb4709769651a531c17b","source_id":"us-in","stale":false,"prev":"us-in/ic-6-3.1-20-3","next":"us-in/ic-6-3.1-20-5"},"notice":"GroundRules: Original legal text. Not legal advice."}