College savings tax credit.

Introduced on 1/5/26

Version 1 Text

Summary

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From the Legislature

College savings tax credit. Beginning in taxable year 2027, increases the credit provided for a contribution to an Indiana529 savings plan against a taxpayer's adjusted gross income from $1,500 to $2,500 (and from $750 to $1,250 in the case of a married individual filing a separate return), subject to other requirements.

Sponsors

D
1
0
Democratic CaucusRepublican Caucus