{"data":{"id":"us-in/ic-6-3.1-39.5-8","jurisdiction":"us-in","citation":"IC 6-3.1-39.5-8","heading":"Entitlement to credit; amount of credit","body":"Sec. 8. (a) A taxpayer that makes a qualified expenditure in a taxable year is entitled to a credit against the taxpayer's state tax liability for the taxable year.\n(b) Subject to section 9 of this chapter, the maximum amount of the credit to which a taxpayer is entitled in a particular taxable year is equal to the lesser of:\n(1) fifty percent (50%) of the employer's qualified expenditures in the taxable year; or\n(2) one hundred thousand dollars ($100,000).","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#6-3.1-39.5-8","current_through":"2026","vintage":"2026","retrieved_at":"2026-09-09T01:51:39Z","sha256":"7004d38ac095304f123562f8212484a1009365b60a0e755fb0f7fe574427fefc","source_id":"us-in","stale":false,"prev":"us-in/ic-6-3.1-39.5-7","next":"us-in/ic-6-3.1-39.5-9"},"notice":"GroundRules: Original legal text. Not legal advice."}