Indiana Elderly, Disability, Dependent, and Earned Income Tax Relief¶
Indiana individual income tax credits, exemptions, and deductions relevant to caregiver households, including Indiana's Earned Income Credit, Unified Tax Credit for the Elderly, disability retirement deduction, additional exemptions for people age 65 or older or blind, and dependent/adopted-child exemptions.
Indiana provides several tax-relief paths relevant to caregiver households. Indiana's Earned Income Credit may apply when the taxpayer claimed the federal earned income credit. The Unified Tax Credit for the Elderly ranges from $40 to $140 and is available to qualifying taxpayers or spouses age 65 or older with federal adjusted gross income under $10,000 and at least six months of Indiana residency. Indiana guidance also describes a disability retirement deduction for individuals retired on disability and permanently and totally disabled, a $1,000 additional exemption for taxpayers or spouses who are age 65 or older or blind, a special $500 exemption for qualifying people age 65 or older with federal AGI under $40,000, and dependent/adopted-child exemptions.