2010 TaxGrams™
TaxGrams logoIndiana state seal
State and Local Taxes
Indiana State Tax Summary

Indiana state tax summary, including corporate and individual Indiana income taxes, credits, exemptions, deductions and more. Includes Indiana estate, gift and inheritance tax, miscellaneous Indiana taxes, pass-through entity treatment, payroll taxes, property taxes and Indiana sales & use taxes.

Indiana ranks #12 on the State Business Tax Climate Index (TaxFoundation.org).

For more links, search, help, forms and more, click on the tabs below or go to:

    taxmOuth Indiana Taxes

Indiana Tax Contacts

Indiana Tax FAQs

Indiana Tax Forms

Indiana Corporate Taxes

  • taxmOuth Indiana Corporate Taxes
  • Indiana Tax Rates & Brackets:

    8.5%> $0
  • Loss Carry-back/fwd: 2 Years Back / 20 Years Forward (Unlimited)
  • Throwback Sales?: Y
  • Foreign Tax Deductible?: N
  • Alternative Minimum Tax (AMT): N
  • Gross Receipts Tax: N
  • Capital Stock (Net Worth) Tax?: N

Indiana Tax Incentives and Credits

Indiana Individual Income Taxes

  • taxmOuth Indiana Individual Income Taxes
  • Indiana tax rates and brackets:

    3.4% of Federal AGI (with adjustments)
  • Local Option IT Rate: 1.16%
  • Federal Inc used as Base?: Y
  • Standard Deductions: Single N/A / Joint N/A
  • Personal Exemptions/Credits (c): Single $1,000 / Joint $2,000 / Dependent $1,500 (child) $1,000 (other)
  • Federal Tax Deductible?: N
  • State Tax Deductible?: Y
  • Alternative Minimum Tax (AMT)?: N

Indiana Estate, Gift and Inheritance Taxes

Indiana Miscellaneous Taxes

Indiana Pass-through Tax Treatment

Indiana Payroll Taxes

Indiana Property Taxes

  • taxmOuth Indiana Property Taxes
  • Median Tax Paid on Homes (Rank): $1,205 (#37)
  • Median Value of Homes: $125,200
  • Tax as % of Home Value (Rank): 0.96% (#21)
  • Median Income of Homeowner: $58,763
  • Tax as % of Income (Rank): 2.05% (#33)

Indiana Sales and Use Taxes

  • taxmOuth Indiana Sales and Use Taxes
  • State Rate: 7.00%
  • County & City (Weighted Ave): None
  • Combined State and Ave. Local Rates (Rank): 7.00% (#19)
  • General Treatment of Services: Exempt
  • Gasoline: Taxable
  • Groceries: Exempt

« Back to State Tax Summary Home