{"data":{"id":"us-in/ic-6-3.1-30.5-10","jurisdiction":"us-in","citation":"IC 6-3.1-30.5-10","heading":"Pass through entities","body":"Sec. 10. If a pass through entity is entitled to a credit under section 7 of this chapter but does not have state tax liability against which the tax credit may be applied, a shareholder, partner, or member of the pass through entity is entitled to a tax credit equal to:\n(1) the tax credit determined for the pass through entity for the taxable year; multiplied by\n(2) the percentage of the pass through entity's distributive income to which the shareholder, partner, or member is entitled.","path":["TITLE 6. TAXATION","ARTICLE 3.1. STATE TAX LIABILITY CREDITS","Chapter 30.5. School Scholarship Tax Credit"],"source_url":"https://iga.in.gov/ic/2026/Title_6.html#6-3.1-30.5-10","current_through":"2026","vintage":"2026","retrieved_at":"2026-09-09T01:51:39Z","sha256":"7348e02216285577e1826b7ff892ac945403afd459f1cdf6216685d7768a8562","source_id":"us-in","stale":false,"prev":"us-in/ic-6-3.1-30.5-9.5","next":"us-in/ic-6-3.1-30.5-11"},"notice":"GroundRules: Original legal text. Not legal advice."}