{"data":{"id":"us-in/ic-6-3.1-39.5-10","jurisdiction":"us-in","citation":"IC 6-3.1-39.5-10","heading":"Carry forward of credit","body":"Sec. 10. (a) If the amount of the credit determined under section 8(b) of this chapter for a taxpayer in a taxable year exceeds the taxpayer's state tax liability for that taxable year, the taxpayer may carry the excess credit over for a period not to exceed the eligible taxpayer's following three (3) taxable years. The amount of the credit carryover from a taxable year shall be reduced to the extent that the carryover is used by the taxpayer to obtain a credit under this chapter for any subsequent taxable year. A taxpayer is not entitled to a carryback or a refund of any unused credit amount.\n(b) A taxpayer may not assign any part of a credit to which the taxpayer is entitled under this chapter.","path":["TITLE 6. TAXATION","ARTICLE 3.1. STATE TAX LIABILITY CREDITS","Chapter 39.5. Employer Child Care Expenditure Credits"],"source_url":"https://iga.in.gov/ic/2026/Title_6.html#6-3.1-39.5-10","current_through":"2026","vintage":"2026","retrieved_at":"2026-09-09T01:51:39Z","sha256":"37446ff6aa280aecbc5b28558e81710981bab9229c2a22f8bd6c15822f8f8d15","source_id":"us-in","stale":false,"prev":"us-in/ic-6-3.1-39.5-9","next":"us-in/ic-6-3.1-39.5-11"},"notice":"GroundRules: Original legal text. Not legal advice."}